Did Trump - Harris debate really affect Bitcoin's price?

Oluwa-btc

hero member

Activity: 980

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: shield132 on September 12, 2024, 04:35:44 AM

Yesterday Bitcoin's price was a little down and I was reading on many websites that it was caused because of the Trump-Harris debate. Today as we see, Bitcon's price is up and reached 58K USD but today also crypto news websites publish that the reason behind crypto price recovery is the result of Trump-Harris debate where Harris won in many polls.
Do you also think that this is true? The crypto community expects a positive impact from Trump and since Trump lost, if the debate was the reason for the price dip yesterday, then it shouldn't be up today because Harris won the poll.
Is this true or do crypto news websites use this debate as a clickbait?

I'll sincerely don't wrap up things for conclusion but just for clarification purpose,Kamala Harris debate with Trump literally placed some kind of pressure on Bitcoin.I'm been positive in the sense that certain Bitcoin revenues will likely remain and be placed to order.Kamala Harris indulgence and engagement to Bitcoin will still be without force and confusion.

Faisal2202

hero member

Activity: 1428

Merit: 513

Payment Gateway Allows Recurring Payments

Quote from: Baki202 on November 29, 2024, 03:26:50 PM

The price at that moment is actually very shocking but we just need to know that the moment trump showed intrest it is going to be somthing positive then, the election brought in a lot of more investors to the market and it was an unexpected occurrence, but the way the total market cap was shaking by the number of those that invested, just imagined what will happen next if another world leader decides to follow trumps footsteps then the market will explode then and if trump should accept bitcoin it will mark a new image internationally and all government will want to accept it, and it was because of his support for bitcoin that is what boosted his chances of winning because people feel that if his able to win a lot of things will happen in the case of bitcoin so never the less trump winning is actually a miracle because there were attempts on his neck to eliminate him God knows who but it as been written thay for sure trump will rule the second time.

BTC is being used in almost every country or maybe by aliens hehe just kidding but it only became this famous in America only because of the marketing and the sentiments, which are not just developed in one or two years after China, USA tried best to attract as many eyes as possible towards them and from the very start all eyes were on them and after many ETF request like even from 2015 to 2024 many ETFs requests were filed but only in 2024 they got accepted.

Now to make it more big other countries can't make it more popular just by approving its ETFs, they have to do something more big like making it legal tender or something big like this. Russia, and China if takes such steps, UK and Australia if took any kind of step then it might not effect the market IMO but CH and RU adoption will make it more pump what you think.

Baki202

full member

Activity: 490

Merit: 209

Quote from: N.O on November 26, 2024, 04:53:49 PM

I saw the price of BTC after the election when Donald trump because president of America and after his win ,investors invested Billions of dollars in Bitcoin and now market is going up and up and that is due to only Donald because he is in the favour of BTC and he thinks that it should be legal on International level and he has good point of view and because of his point of view all Bitcoin investors did pray to God for the success of Donald trump because he gave a pump in the market and investors got high returns on their investments because overall market is high and any person who invested in any of the cryptocurrency he got profit and he is happy and he want the next government should be of trump .

The price at that moment is actually very shocking but we just need to know that the moment trump showed intrest it is going to be somthing positive then, the election brought in a lot of more investors to the market and it was an unexpected occurrence, but the way the total market cap was shaking by the number of those that invested, just imagined what will happen next if another world leader decides to follow trumps footsteps then the market will explode then and if trump should accept bitcoin it will mark a new image internationally and all government will want to accept it, and it was because of his support for bitcoin that is what boosted his chances of winning because people feel that if his able to win a lot of things will happen in the case of bitcoin so never the less trump winning is actually a miracle because there were attempts on his neck to eliminate him God knows who but it as been written thay for sure trump will rule the second time.

N.O

full member

Activity: 336

Merit: 208

Quote from: bitgolden on September 23, 2024, 07:05:03 AM

Quote from: Sayeds56 on September 17, 2024, 04:38:59 AM

Quote from: fuguebtc on September 16, 2024, 09:04:59 AM

I don't trust Harris when it comes to crypto because of what the Biden administration has done although she could still change that stance after she is elected. When it comes to cryptocurrencies, Trump is more trustworthy.

While it is true that generally people don't trust Harris when it comes to Bitcoin and other cryptocurrencies, but we should remember that spot ETFs of Bitcoin and Ethereum have been approved during the administration of Joe Biden and Kamala Harris. I believe there is no single person in United States who makes policy decision, there are multiple powers centers including Saint, Congress and financial institutions like BlackRock who play crucial role in shaping up policies. Therefore, we should wait and see who gets elected as president, and how he/she views Bitcoin and other cryptocurrencies.

I am definitely positive about the fact that we are going to end up with a positive future for bitcoin no matter what happens and because of that I think we shouldn't be worried about any of this. Just because there are elections doesn't mean that president decides over everything in a nation, USA is not a dictatorship like that, they do whatever the government does and no person decides on anything at all. At the same time, we need to remember that it is going to be fine for a long time and that is why we need to remember that we are going to end up with a good result either way.

Of course that's going to be something that decided by president if they end up "saying" bad things but that doesn't mean that it can be something that will be big deal, this is why it is going to be something that will not be easy at all. So, focus on getting no bad stuff said by any of them and neither of them would be getting anything bigger so just keep focusing on that.

I saw the price of BTC after the election when Donald trump because president of America and after his win ,investors invested Billions of dollars in Bitcoin and now market is going up and up and that is due to only Donald because he is in the favour of BTC and he thinks that it should be legal on International level and he has good point of view and because of his point of view all Bitcoin investors did pray to God for the success of Donald trump because he gave a pump in the market and investors got high returns on their investments because overall market is high and any person who invested in any of the cryptocurrency he got profit and he is happy and he want the next government should be of trump .

bitgolden

legendary

Activity: 3024

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: Sayeds56 on September 17, 2024, 04:38:59 AM

Quote from: fuguebtc on September 16, 2024, 09:04:59 AM

I don't trust Harris when it comes to crypto because of what the Biden administration has done although she could still change that stance after she is elected. When it comes to cryptocurrencies, Trump is more trustworthy.

While it is true that generally people don't trust Harris when it comes to Bitcoin and other cryptocurrencies, but we should remember that spot ETFs of Bitcoin and Ethereum have been approved during the administration of Joe Biden and Kamala Harris. I believe there is no single person in United States who makes policy decision, there are multiple powers centers including Saint, Congress and financial institutions like BlackRock who play crucial role in shaping up policies. Therefore, we should wait and see who gets elected as president, and how he/she views Bitcoin and other cryptocurrencies.

I am definitely positive about the fact that we are going to end up with a positive future for bitcoin no matter what happens and because of that I think we shouldn't be worried about any of this. Just because there are elections doesn't mean that president decides over everything in a nation, USA is not a dictatorship like that, they do whatever the government does and no person decides on anything at all. At the same time, we need to remember that it is going to be fine for a long time and that is why we need to remember that we are going to end up with a good result either way.

Of course that's going to be something that decided by president if they end up "saying" bad things but that doesn't mean that it can be something that will be big deal, this is why it is going to be something that will not be easy at all. So, focus on getting no bad stuff said by any of them and neither of them would be getting anything bigger so just keep focusing on that.

fuguebtc

hero member

Activity: 1974

Merit: 539

Leading Crypto Sports Betting & Casino Platform

Quote from: fullhdpixel on September 18, 2024, 07:44:34 AM

Quote from: fuguebtc on September 16, 2024, 09:04:59 AM

-.-

There is no doubt Donald Trump is having more trust than Biden and Harris in case of cryptocurrency adoption or bringing soft policies about these as well but main problem as mentioned is still they want more taxes which are surely essential just because of these things are not working as they needed to be done here in the USA which is currently the biggest economy and this could be surely hub for the miners as well if we are having solid policies from these corrupt peoples.

I am not sure about Harris to have anything positive about cryptocurrency because Biden and republicans have surely never been intended to do for this they are looking for more taxes which will surely increase their revenue but surely hurt too much this community just because of this mostly peoples are having better view about Donald Trump as they feel he can do something better than current peoples.

There is a thread saying that bitcoin is fine even if Harris is elected, which is true because as we have seen, bitcoin is still growing under Biden even though he has repeatedly put forward harsh policies towards bitcoin. But now that we have more choices, why do we choose “okay” when we have the opportunity to choose something better?

To be fair, none of us know what will happen after the election, whether Trump will actually keep his promises, and whether Harris will change her tune after being elected. But with what the two are showing the community, it's hard for people to trust Harris. Betting on Harris is much riskier so we should make the riskier choice and Trump is really the choice at this point.

justdimin

hero member

Activity: 3220

Merit: 678

www.Crypto.Games: Multiple coins, multiple games

Quote from: ultrloa on September 18, 2024, 04:31:48 AM

I guess what he mean is buy if there's a dump came even if those event ends or not. Since its not good if we got affected on those event since those guys might create an impression that they can always manipulate the mind of people. So much really better for everyone to act normally on how they deal with bitcoin since for many times said those politicians cannot tell the outcome of bitcoin price. For sure bitcoin will remain the same since demand will always matter depend on peoples need.

Right now I'm acquiring and don't even think about get bother on politics noises since at the end those politicians will not fully support bitcoin. They are just there to gather votes since they want to impress people since they are currently in need of votes.

I agree that if there is a dump then we should buy, that is definitely a good idea, because recovery happens quite quickly in the bitcoin world. I am accumulating as well, who cares about what happens at USA elections, it only matters to them and that is why I am trying to make as much money as I can and try to get more but unfortunately I am not in a financially strong position right now, so I can't get much, but I am going to get as much as possible when I get more chance, this won't be easy but it can be done and I am sure that we are going to get better financial situation thanks to bitcoin as well.

The moment bull starts and this goes up a lot we are going to end up with a good result as well. This should be something that will not be that difficult to handle at all. We are going to see this changing with time and because of this we are going to see this changing when we are richer thanks to bitcoin then we can invest easily without thinking twice.

iBaba

sr. member

Activity: 616

Merit: 291

Bitcoin in Niger State💯

Quote from: Haunebu on September 19, 2024, 01:19:43 AM

Lol! You need to be seriously brain-dead to think that these elections would have any kind of effect on BTC and the crypto world in general. It's even more hilarious seeing Trump supporters think that he actually gives a crap about BTC.

Lol. Throughout the debate nothing was discussed directly referring to crypto currency or the future of Bitcoin. So, the debate didn't really have impact on bitcoin either by making headlines on TV stations or media hypes on the social media platforms. At least one thing was clear or to say, have been clear about both candidates, it is that they both have different political views including on bitcoin.

Bitcoin is bigger than looking for a cheap popularity from a mere debate, although I understand that a discussion from the debate could have spring up interestes that may warrant big discussions within the bitcoin community as well as giving the US crypto space the opportunity to understand their positions clearly.

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

Quote from: FinneysTrueVision on September 19, 2024, 02:20:42 AM

The media will create a neatly packaged narrative based on whatever is trending but reality is not that simple. There are many factors which could have contributed to Bitcoin’s price in the days after the debate. We can’t really attribute it to one specific thing because it has been stuck in the same pattern for a while without really breaking out in either direction. The debate was mostly a non-factor that barely affected sentiment or fundamentals.

I guess since the prices have not rebounded back down now that the Trump - Harris debate is now over means that traders were just looking for an excuse to buy, or should I say a catalyst.

The market is only timed to these events when they happen, and not when they are (long) forgotten.

The elections themselves of course do not influence BTC prices, but the traders who buy/sell based on what they hear on the news do.

FinneysTrueVision

sr. member

Activity: 1680

Merit: 379

Top Crypto Casino

Quote from: shield132 on September 12, 2024, 04:35:44 AM

Is this true or do crypto news websites use this debate as a clickbait?

The media will create a neatly packaged narrative based on whatever is trending but reality is not that simple. There are many factors which could have contributed to Bitcoin’s price in the days after the debate. We can’t really attribute it to one specific thing because it has been stuck in the same pattern for a while without really breaking out in either direction. The debate was mostly a non-factor that barely affected sentiment or fundamentals.

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

Lol! You need to be seriously brain-dead to think that these elections would have any kind of effect on BTC and the crypto world in general. It's even more hilarious seeing Trump supporters think that he actually gives a crap about BTC.

Quote from: Mame89 on September 18, 2024, 11:47:46 PM

In fact, both presidential candidates are only using crypto to seek support.

Incorrect! Trump is the only one acting like he would support crypto while Harris has always been anti-crypto.

Mame89

hero member

Activity: 1736

Merit: 501

Quote from: TheUltraElite on September 15, 2024, 05:35:20 AM

Bitcoin is out there having its swinging, why does it care about who wins or who does not? It might affect it and it might not. We have seen that the pandemic did not affect it much, elections might but we never know for real.

The point is that a lot of prediction games run on these elections and bitcoin is used to bet on these games. The traditional stock markets do get affected and in similar manner people assume that bitcoin will also change drastically.

What matters to us is if it goes down, buy it.

This makes sense. In fact, both presidential candidates are only using crypto to seek support, many news reports say that if Trump is elected then bitcoin will rise if Trump loses then bitcoin will be destroyed. Although we all know that bitcoin cannot be controlled by a third party, even without an election bitcoin can survive and can even continue to increase every cycle. This has been proven during a crisis such as a pandemic and even several US elections have taken place without changing anything about bitcoin.

The US election moment is indeed very easy to play bitcoin predictions, and many crypto websites also take advantage of all this to find clickbait. But what is certain is that we must understand it because they are fighting in politics to win the upcoming presidential election. However, this election will also have a little impact on bitcoin, maybe in the short term.
I also agree with you in the last sentence, whatever happens with the US presidential election, every time there is an opportunity to buy bitcoin, just buy it, especially if it is going down.

Kcrypto18

jr. member

Activity: 31

Merit: 1

Bitcoin prices fluctuate due to a variety of factors and it is unlikely that a political debate would have a significant impact on the market. It's more probable that crypto journalists are using the debate to attract attention and generate views. There is the possibility that these articles may cause a minor movement in the market if enough traders react to them but again, I don't think the change will be significant.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: fuguebtc on September 16, 2024, 09:04:59 AM

Quote from: Sayeds56 on September 16, 2024, 06:47:47 AM

I personally believe, Harris will also support adoption of Bitcoin if she is elected president, as financial institutions in USA have made significant investment in Bitcoin.

The United States surpassed China in 2021 to become the world's largest bitcoin mining hub, but did you know that Biden has proposed a 30% tax on miners? While that could cause miners to move to other countries, he doesn't seem concerned about that. Therefore, it is not convincing to assume that just because many domestic financial institutions are investing in bitcoin, it means that the Harris administration will support bitcoin adoption or introduce bills to promote its development. What they want is more and more taxes, not necessarily any intention of promoting market development.

I don't trust Harris when it comes to crypto because of what the Biden administration has done although she could still change that stance after she is elected. When it comes to cryptocurrencies, Trump is more trustworthy.

There is no doubt Donald Trump is having more trust than Biden and Harris in case of cryptocurrency adoption or bringing soft policies about these as well but main problem as mentioned is still they want more taxes which are surely essential just because of these things are not working as they needed to be done here in the USA which is currently the biggest economy and this could be surely hub for the miners as well if we are having solid policies from these corrupt peoples.

I am not sure about Harris to have anything positive about cryptocurrency because Biden and republicans have surely never been intended to do for this they are looking for more taxes which will surely increase their revenue but surely hurt too much this community just because of this mostly peoples are having better view about Donald Trump as they feel he can do something better than current peoples.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Coyster on September 17, 2024, 02:13:58 PM

Quote from: TheUltraElite on September 15, 2024, 05:35:20 AM

What matters to us is if it goes down, buy it.

Couldn't have said it any better mate, at this point i really cannot wait for this election to pass, i didn't know we'd have this much speculation surrounding bitcoin as a result of the election, i know the U.S is crucial to the entire crypto network, but i think people are exaggerating what the impact of the election will be on bitcoin. I am neutral, as i don't support either of the candidates, but i would love to see the impact their supporters are screaming about when a winner emerges.

I guess what he mean is buy if there's a dump came even if those event ends or not. Since its not good if we got affected on those event since those guys might create an impression that they can always manipulate the mind of people. So much really better for everyone to act normally on how they deal with bitcoin since for many times said those politicians cannot tell the outcome of bitcoin price. For sure bitcoin will remain the same since demand will always matter depend on peoples need.

Right now I'm acquiring and don't even think about get bother on politics noises since at the end those politicians will not fully support bitcoin. They are just there to gather votes since they want to impress people since they are currently in need of votes.

Coyster

legendary

Activity: 2184

Merit: 1302

Playbet.io - Crypto Casino and Sportsbook

Quote from: TheUltraElite on September 15, 2024, 05:35:20 AM

What matters to us is if it goes down, buy it.

Couldn't have said it any better mate, at this point i really cannot wait for this election to pass, i didn't know we'd have this much speculation surrounding bitcoin as a result of the election, i know the U.S is crucial to the entire crypto network, but i think people are exaggerating what the impact of the election will be on bitcoin. I am neutral, as i don't support either of the candidates, but i would love to see the impact their supporters are screaming about when a winner emerges.

ivankoh

full member

Activity: 1428

Merit: 120

Buzz App - Spin wheel, farm rewards

Given the nature of the market I don't see the relevant values for bitcoin's value, however in this situation where the market is trending negatively the news of the Trump-Harris exchange could be a fulcrum for those who want to manipulate the market using the news effect to exploit. The value of bitcoin and stocks has reflected that and I'm talking about their purpose more or less successful. Lol

l99l

full member

Activity: 154

Merit: 115

You asked a good question. I don't think it should affect it, but in today's conditions, Bitcoin seems to be progressing depending on many factors.
Bitcoin is valuable just because it is Bitcoin and its value is based on the decentralization and chain system it is connected to.
Other World elections, crises are temporary effects.

EarnOnVictor

hero member

Activity: 896

Merit: 654

Leading Crypto Sports Betting & Casino Platform

Quote from: shield132 on September 12, 2024, 04:35:44 AM

Yesterday Bitcoin's price was a little down and I was reading on many websites that it was caused because of the Trump-Harris debate. Today as we see, Bitcon's price is up and reached 58K USD but today also crypto news websites publish that the reason behind crypto price recovery is the result of Trump-Harris debate where Harris won in many polls. Do you also think that this is true?

Lol...This US president and crypto drama will not cease to amaze me, perhaps it's because many people lack the market experience, that's how they can believe debate would be impactful in the crypto world. Why didn't it react when Biden and Trump had their debate, that should have hinted at what would happen in Harris's time too. If at all the market would react to such an event, it would be so obvious because it would be very volatile, but reverse in the case.

Quote

The crypto community expects a positive impact from Trump and since Trump lost, if the debate was the reason for the price dip yesterday, then it shouldn't be up today because Harris won the poll.

I don't know the positive impact Trump would attribute to the crypto market when there is already a FUD in the market. The market sentiment is beyond any artificial hype around Trump's reelection.

Quote

Is this true or do crypto news websites use this debate as a clickbait?

No establishment can be trusted, they want to sell, and they can cause unnecessary belief since it can shift attention to them without any penalty.

Sayeds56

copper member

Activity: 1316

Merit: 715

Eloncoin.org - Mars, here we come!

Quote from: fuguebtc on September 16, 2024, 09:04:59 AM

I don't trust Harris when it comes to crypto because of what the Biden administration has done although she could still change that stance after she is elected. When it comes to cryptocurrencies, Trump is more trustworthy.

While it is true that generally people don't trust Harris when it comes to Bitcoin and other cryptocurrencies, but we should remember that spot ETFs of Bitcoin and Ethereum have been approved during the administration of Joe Biden and Kamala Harris. I believe there is no single person in United States who makes policy decision, there are multiple powers centers including Saint, Congress and financial institutions like BlackRock who play crucial role in shaping up policies. Therefore, we should wait and see who gets elected as president, and how he/she views Bitcoin and other cryptocurrencies.

Topic: Did Trump - Harris debate really affect Bitcoin's price? (Read 749 times)