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Topic: Count down to the U.S. election; A.K.A: S&P 500 armageddon (Read 1668 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I think Trump has said somewhere that he is contra-Bitcoin so if he gets elected somehow (highly unlikely though) I guess we would see a dip in the price of Bitcoin probably. Or perhaps nothing will happen at all and this is just a stupid insane theory of mine.

If this is true then Trump will be a threat to the industry of bitcoin. But I think if someone or a representative from the whales of bitcoin or any exchange site will just completely explain and educate Trump with bitcoin surely he is going to be enlighten. But how is it going to happen if that is still undecided that Trump will win this election.
I will not worry too much, if Trump wins then he has a lot of bigger thing to worry than bitcoin, besides most of the miners are in china so I will be a lot more worried if the Chinese government said something about bitcoin.
full member
Activity: 224
Merit: 100
The part that I think plays into Hilary winning is that there seems to be a segment that are using Trump to make a political statement.
Like say the Bernie folks that wanted a shakeup and will plug there nose and vote Hilary in the end. This group is just one example of folks that are going to sway the percentages in the end towards Hilary.
We all know the system needs a shakeup and some where just using the polls to express that fact,it happens a lot in elections.

So if I was to bet I would go Hilary to win.

I really am interested to see the fallout though because it looks like a good divide that can be manipulated into doing something dumb.
legendary
Activity: 3276
Merit: 2442
Anyone here is going to bet on a hillary win gamble? im considering dropping some bitcoins here.. I think its obvious hillary will win, the powers that be will not let her win, so its clear to me, even julian assagne said the election is rigged... isnt this basically free money??

What if Jullian Assange is lying? Or to be more accurate, what if he is lying in order to encourage more people to vote? There is no such thing as free money. They said Brexit won't happen because Soros won't let it. What do you think about that? Brits gave a big fuck you to everyone.

Trump may win or lose, i don't know yet. But, we will find out soon enough.
legendary
Activity: 1067
Merit: 1000
Hillary will win as expected. Nothing interesting will happen.
hero member
Activity: 1106
Merit: 521
So, there is obviously going to be some sort of movements on the markets when we get closer to/post election time; and when there is economic uncertainty in the markets, there is always bound to be some volatile movements in the cryptocurrency/precious metal markets.

So, what are you doing to get ready for the election to hedge your value away from the dollar as we get close to the shit storm that is Hillary vs. Trump? 

I'm especially curious to what people are doing who live outside of the US to get ready for the economic uncertainty.

I dont have alot of money to hedge to be honest and any that i do have needs to be pretty liquid.  if i could buy a few more bitcoin i would as i think the price will rise in the coming months.
hero member
Activity: 3150
Merit: 937
So, there is obviously going to be some sort of movements on the markets when we get closer to/post election time; and when there is economic uncertainty in the markets, there is always bound to be some volatile movements in the cryptocurrency/precious metal markets.

So, what are you doing to get ready for the election to hedge your value away from the dollar as we get close to the shit storm that is Hillary vs. Trump? 

I'm especially curious to what people are doing who live outside of the US to get ready for the economic uncertainty.

I`m pretty sure that Hillary will win.

Most of the people in the world are sure that she will win.

What uncertainty are you talking about. Grin

Bitcoin will survive this "armageddon".
legendary
Activity: 1316
Merit: 1004
If everybody is expecting an armageddon, it won't happen. Economic uncertainty is a reality since years. The problem is largely independent from the outcome of the election, because the debt problem simply can't be solved in an ordinary way.

So it makes no sense to only prepare for a crash on election day as a singular event. People should already be prepared in general and own the right assets.

[...]

You know, it is interesting thinking of what would be the short term outcome of the election if Trump were to win instead of HRC. Trump has said before in the past (doesn't mean he won't flip flop once he gets in, of course) that he wants to audit and revamp the federal reserve.  If that's the case, the federal reserve might just go full out YOLO, and let the economy tank to make Trump look like he is doing terribly as president.  There's no doubt you know what you don't know what you are getting with Trump, and on the flip side, you know exactly what you are getting with HRC, same old shit.

[...]

I agree that speculation on the short term economic effects of the election outcome is fun. I also agree with your assessment that a Trump victory would increase short term uncertainty. Therefore I'm quite sure that a Trump victory will lead to a small market crash, let alone that estimates don't predict a Trump victory and traders will have been taken positions for a Hillary victory.

Your scenario regarding the actions of the federal reserve are pure speculation though. It doesn't seem likely that the Fed will try to end the Trump presidency - I can't see an advantage for the central bankers from this.

Regardless the election outcome, fiat trash money will loose purchasing power and debts will soar. Therefore it can't be a mistake to own Bitcoin and precious metals.

ya.ya.yo!

Oh yeah, no doubt it's purely only speculation... but I can definitely see where this type of situation can be possible if someone like Trump, who is a political outsider with a huge ego, were to come in and want to try and expose these guys to the national public.  I would feel as if they would bring Trump down with them.

I think I feel this way because 1) Janet was approved by Barack, and therefore the Democratic party; and 2) the fed will feel that they have "lost their grip" on the throat that is democracy.

Idk, I definitely feel that this year will go down as a major pivot point for the US in terms of politics, global relations, etc.
legendary
Activity: 1806
Merit: 1024
If everybody is expecting an armageddon, it won't happen. Economic uncertainty is a reality since years. The problem is largely independent from the outcome of the election, because the debt problem simply can't be solved in an ordinary way.

So it makes no sense to only prepare for a crash on election day as a singular event. People should already be prepared in general and own the right assets.

[...]

You know, it is interesting thinking of what would be the short term outcome of the election if Trump were to win instead of HRC. Trump has said before in the past (doesn't mean he won't flip flop once he gets in, of course) that he wants to audit and revamp the federal reserve.  If that's the case, the federal reserve might just go full out YOLO, and let the economy tank to make Trump look like he is doing terribly as president.  There's no doubt you know what you don't know what you are getting with Trump, and on the flip side, you know exactly what you are getting with HRC, same old shit.

[...]

I agree that speculation on the short term economic effects of the election outcome is fun. I also agree with your assessment that a Trump victory would increase short term uncertainty. Therefore I'm quite sure that a Trump victory will lead to a small market crash, let alone that estimates don't predict a Trump victory and traders will have been taken positions for a Hillary victory.

Your scenario regarding the actions of the federal reserve are pure speculation though. It doesn't seem likely that the Fed will try to end the Trump presidency - I can't see an advantage for the central bankers from this.

Regardless the election outcome, fiat trash money will loose purchasing power and debts will soar. Therefore it can't be a mistake to own Bitcoin and precious metals.

ya.ya.yo!
newbie
Activity: 51
Merit: 0
I think Trump has said somewhere that he is contra-Bitcoin so if he gets elected somehow (highly unlikely though) I guess we would see a dip in the price of Bitcoin probably. Or perhaps nothing will happen at all and this is just a stupid insane theory of mine.

Clinton also said she does not think too highly of bitcoin, so both them will probably create the same effect in bitcoin price.

Which could quite possibly be no effect at all in how it is currently used, but could hinder its wider use by the masses.
sr. member
Activity: 350
Merit: 250
I think Trump has said somewhere that he is contra-Bitcoin so if he gets elected somehow (highly unlikely though) I guess we would see a dip in the price of Bitcoin probably. Or perhaps nothing will happen at all and this is just a stupid insane theory of mine.

Clinton also said she does not think too highly of bitcoin, so both them will probably create the same effect in bitcoin price.
newbie
Activity: 51
Merit: 0
I think this is a very interesting topic, and I'm keen to hear peoples thoughts on how they think the BTC price will rise or fall leading up to, and after the elections.

Will we reach the heady heights again of a few years ago?
legendary
Activity: 3472
Merit: 10611
So, there is obviously going to be some sort of movements on the markets when we get closer to/post election time; and when there is economic uncertainty in the markets, there is always bound to be some volatile movements in the cryptocurrency/precious metal markets.

So, what are you doing to get ready for the election to hedge your value away from the dollar as we get close to the shit storm that is Hillary vs. Trump? 

I'm especially curious to what people are doing who live outside of the US to get ready for the economic uncertainty.

i always invest some more in bitcoin whenever there is some uncertainty going on and especially when there is lots of rumor against bitcoin because there is always a dip when these things happen and dip means profit.

but in general i invest in gold as a secondary option, and since these days real estate is good where i live, i am investing in that too.
legendary
Activity: 1316
Merit: 1004
I mean look at what Julian Assagne is saying:

http://www.zerohedge.com/news/2016-11-04/julian-assange-says-trump-wont-be-allowed-win-clinton-and-isis-are-funded-same-money


https://www.youtube.com/watch?v=k9xbokQO4M0

So apparently there are 0 chances of Trump winning, that's why I was considering a big bet for a Hillary win.. at least we make money.

Here you go, if you are feeling insanely confident on that you can make a bet on directbet:

https://directbet.eu/Event.cshtml?EventID=27713489

Quote
Hillary Clinton @ 1.14
Donald Trump @ 5.4

So, not really good odds if you want to put a lot of money on HRC since you can only win 14% of what you bet.  But the reason why I think the economy will still shit, even if HRC is in office, is because Trump will stir up so much shit about how rigged everything is, I wouldn't be surprised if he tries to (*puts on tinfoil hat*) start some sort of revolution or something.  Civil War pt. II

Not saying it would definitely happen... just saying I wouldn't be surprised if he attempts something of the sort.
full member
Activity: 224
Merit: 100
Was laughing at this list they have off celebrities leaving the States if Trump wins and then I started to worry,as they are all windbags for the left!
This election is going to be watched by so many Countries,I mean this is a big shift of how things are done in the world. You get Hilary and she is going to go at it with Russia potentially and that will create a massive shit show.
So I am not only waiting for the election but the fall out if she wins,already starting to see some nutjobs taking things into their own hands.

Price is going to rollercoaster or go skyhigh,hows that for depth? Grin
Have never been really good at predicting its moves,wish I was better.
hero member
Activity: 490
Merit: 520
People who live outside US don't care about US election's, for me is a bit strange that US presidential elections have so big influence global market's.
Anyway this Hilary is not good person, like her husband, they both are paid from who knows whom, that we can just speculate. Main thing is that they both did very bad things in this world ( I'm not sure how much US citizens are aware of that ).
Trump is showman, but he have some good arguments in my opinion.
A ton of people who live outside of the US care about the American election, and they rightfully should. It is one of the most influential governments, if not the most influential government on earth, and because of this a lot of what comes out of the US effects everyone else as well. Economic policies effect everyone, and new and expiring trade deals, or in this case tariffs and bringing back jobs, will effect a majority of other countries in more than one way.

Hillary is corrupt to all hell, and Trump is having a hard time verbalizing his policies, something I never liked about him this election. Bad situation, but hilarious to watch.
legendary
Activity: 1610
Merit: 1183
I mean look at what Julian Assagne is saying:

http://www.zerohedge.com/news/2016-11-04/julian-assange-says-trump-wont-be-allowed-win-clinton-and-isis-are-funded-same-money


https://www.youtube.com/watch?v=k9xbokQO4M0

So apparently there are 0 chances of Trump winning, that's why I was considering a big bet for a Hillary win.. at least we make money.
full member
Activity: 136
Merit: 100
Well, a Donald Trump win would precipitate a massive panic in equities and indeed across a broad spectrum of investment classes.

The market expects him to pull out of the TPP and renegotiate other major trade deals with other countries. Under a Trump administration, China's deliberate debasement of the Renminbi to prop up its export based economy (built and operated on the basis of slave labor) would stop yielding results, plunging the country into chaos.

According to some news outlets such as the Wall Street Journal and Zero Hedge, the recent rally in the price of Bitcoin has indeed been fueled by the Chinese trying to dodge capital controls and preserve their savings. If this indeed is the case, it'll be interesting to see how a Trump Presidency would affect the price of the currency going forward.
sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
I think Trump has said somewhere that he is contra-Bitcoin so if he gets elected somehow (highly unlikely though) I guess we would see a dip in the price of Bitcoin probably. Or perhaps nothing will happen at all and this is just a stupid insane theory of mine.
legendary
Activity: 1316
Merit: 1004
If everybody is expecting an armageddon, it won't happen. Economic uncertainty is a reality since years. The problem is largely independent from the outcome of the election, because the debt problem simply can't be solved in an ordinary way.

So it makes no sense to only prepare for a crash on election day as a singular event. People should already be prepared in general and own the right assets.

I don't own much in general and I don't own any stocks in particular. So there won't be a problem if the S&P crashes. I only hold a bit of Bitcoin and a few precious metal coins. Bitcoin and precious metals are the only assets that I consider both safe and fungible during the times ahead.

ya.ya.yo!

You know, it is interesting thinking of what would be the short term outcome of the election if Trump were to win instead of HRC. Trump has said before in the past (doesn't mean he won't flip flop once he gets in, of course) that he wants to audit and revamp the federal reserve.  If that's the case, the federal reserve might just go full out YOLO, and let the economy tank to make Trump look like he is doing terribly as president.  There's no doubt you know what you don't know what you are getting with Trump, and on the flip side, you know exactly what you are getting with HRC, same old shit.

Cryptocurrencies, gold, and silver are always a good bet.  Lots of investors may hedge their value in Bitcoin because it has been the most reliable to hold it's value (looking at a short term view of the markets).  But make no mistake, Bitcoin isn't nearly as "fungible" as gold or silver, with Bitcoin, there is a certain level of 'taint' that comes along with it.  That's the risk someone investing in Bitcoin has to worry about before wanting to withdraw fiat out of Bitcoin through online exchanges.
hero member
Activity: 1106
Merit: 521
Def a sell on Monday and buy back on Wednesday = PROFIT  Wink
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