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Topic: Did Trump - Harris debate really affect Bitcoin's price? (Read 665 times)

legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform

-.-
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.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
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.
sr. member
Activity: 574
Merit: 290
Bitcoin in Niger State💯
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.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
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.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
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.
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.

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.
hero member
Activity: 1736
Merit: 501
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.
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.
hero member
Activity: 2828
Merit: 611
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.
legendary
Activity: 2758
Merit: 1228
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.
legendary
Activity: 2184
Merit: 1302
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.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
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
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.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
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.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!

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.
sr. member
Activity: 938
Merit: 292
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.
Even if there is no news in the crypto market there will be an increase or decrease in value. The value of Bitcoin is always changing. It cannot remain fixed in any place and has no chance of staying stable. Like every time in the crypto market, there is a temporary effect on the market. Markets see temporary impact on Trump-Harris controversy But it will have no long term effect. I don't think there is anything to worry about even if the market has slight dips. But one thing that has become noticeable is that Trump has been quite bullish on crypto and if he wins then there could be a big bull in crypto.

But I think it is better not to invest considering the political situation. If results differ from expectations, there is a possibility of exposure to losses. Moreover, Bitcoin is a decentralized currency that no one can ever control so whoever comes into power has no gain or loss for Bitcoin. However, it is not unusual to experience minor temporary effects.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
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.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
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 believe this debate between Trump and Harris had no direct impact on Bitcoin, as neither of them made comment about crypto currency industry. However, as many analysts were convened about better performance of Harris who is not seen a strong supporter of Bitcoin as Trump is, therefore Bitcoin price experienced a short-term slide but later covered. 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.
hero member
Activity: 980
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Leading Crypto Sports Betting & Casino Platform
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.

Yeah definitely since the existence of Bitcoin it has survived more of such issues and with or without Trump winning the crypto community will still live with topnotch trademarks of impacts in the society. So for the debate affecting Bitcoin Price I think it's not cause of it as such situations usually affect the markets trend and leading to either a rise or fall in the price and so on.
Aside the win of Harris and los of Trump I feel Bitcoin will still be guaranteed and skyrocket more than it has over the years, so saying crypto expected positive impacts from trump doesn't necessarily indicates that if he lost Bitcoin won't survive, sure it will do better just as it has even before trump and the new president as well.
legendary
Activity: 3654
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I do not think so, debate shouldn't really have any impact at all, it doesn't seem like it was related. Crypto wasn't talked as far as I can remember, and Trump losing doesn't really have anything to do with what we are trying to do here, it's unrelated.

Crypto could go up and down for any reason, in fact there is no need for any reason at all, it is not moving enough to require a reason, for something that is above 20% then we could say there is a need for a small reason but for smaller stuff like this we do not need a reason at all.

We should just see this as market movement and nothing more, it's the most normal part and I feel like we are going to be fine about it, we can't really make much sense otherwise. If you keep thinking that politics has something to do with crypto price movements, you will end up following politics more than you follow the price and that is not good for you. Just go with old fashion way, buy bitcoin and hold it long term.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
People will try to make any kind of speculation as to why bitcoin price either rose or fell, and many times the speculation can be well wrong, i don't think the debate had any impact on the price of bitcoin. If you tell me that the outcome of the election might have a temporary impact on the price of bitcoin, then i could possible agree with you, but i don't see how the debate would either cause inflows or outflows in the bitcoin system.
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.

The reason bitcoin price increased during the pandemic is because the government printed money and pumped it into the economy to sustain the economy and bitcoin benefited from the money printing. Or when inflation peaks in 2022, Bitcoin also gets hit hard by falling to $15k, so don't say it's not affected by election results or affected by the health of the economy.

Each president will have different economic policies and different impacts on the economy so bitcoin will also be affected in different ways. If we have a president who can boost the economy, bitcoin will benefit a lot but on the contrary, if the economy is bad, people will not have money to spend let alone invest. Don't expect bitcoin to grow.
member
Activity: 97
Merit: 43
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.
If an super big and rare event like a pandemic that appears with intensity of once per century, can not affect Bitcoin price too much, a next President in the USA. can not affect it more than that.

If Bitcoin has a crash because of Kamala Harris or Donald Trump as a next elected President, it won't be worse than Covid-19 crash in March 2020. Simply Bitcoin won't be killed by either Kamala or Donald in late 2024 or early 2025 or in next four years with a next President in the USA.

https://cryptorank.io/price/bitcoin/analytics

YearChangeHighLowUSA President
________________________________________________________________
2024+42.1%$73,682$38,595Joe Biden
2023+155.4%$44,746$16,504Joe Biden
2022-64.3%$48,205$15,521Joe Biden
2021+59.6%$68,672$28,621Joe Biden
2020+304.1%$29,282$4,010Donald Trump
2019+90.9%$13,793$3,380Donald Trump
2018-73.3%$17,712$3,201Donald Trump
2017+1,369%$20,089$755.76Donald Trump
2016+123.8%$979.4$354.91Barack Obama
2015+34.4%$495.56$171.51Barack Obama
2014-57.6%$1,017$289.3Barack Obama
2013+5,435%$1,156$11.75Barack Obama
2012+183.5%$16.78$3.81Barack Obama
2011+1,435%$35.76$0.257Barack Obama
________________________________________________________________

The table shows Bitcoin does not care who is a President in the USA.
legendary
Activity: 2660
Merit: 1074
Not really, not enough to cause a meaningful movement of price any way. Long term it does not matter who wins the election but short term it could move the price in November. Trump is definitely the more crypto friendly candidate so if he wins in November the price should go up.
Why not? I mean we all know that Trump recently is in to Bitcoins and he isn't just an ordinary person. If he lose on the debate, it can also cause the price of BTC to go down but if he won, then the price can rise. After all it was only just a debate, so yeah that the effect can only be for the short-term but the ones that can have a long-term effect is during the election time, since the term for it is also long.

I think the candidate can sit for 4 years, right? And then after it we will now have another presidential election. November is included in the last quarter of the year, which is known for the period of pumping of cryptos, so this should give it an even boost if ever Trump won.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
People will try to make any kind of speculation as to why bitcoin price either rose or fell, and many times the speculation can be well wrong, i don't think the debate had any impact on the price of bitcoin. If you tell me that the outcome of the election might have a temporary impact on the price of bitcoin, then i could possible agree with you, but i don't see how the debate would either cause inflows or outflows in the bitcoin system.
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.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
The news tell it all that the said debate was the main reason for the sudden price movement. But if you analyze it more closely, news are sometimes unreliable but only creates more of speculations and wild predictions.

It would be more reliable to think that it's only part of price fluctuations for bitcoin. The sudden price hike or sudden drop of price is not really something new, but since talking about Trump and Harris these days have become hype, then it's good to say that the current price movement will be linked or attributed to them, even if we all know the real cause is that bitcoin is highly volatile in nature.
legendary
Activity: 2184
Merit: 1302
People will try to make any kind of speculation as to why bitcoin price either rose or fell, and many times the speculation can be well wrong, i don't think the debate had any impact on the price of bitcoin. If you tell me that the outcome of the election might have a temporary impact on the price of bitcoin, then i could possible agree with you, but i don't see how the debate would either cause inflows or outflows in the bitcoin system.
hero member
Activity: 952
Merit: 552
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 think on this date Fed announce the new inflation rate and that was why Bitcoin dump and pump again and this is not the first time Bitcoin has reacted to Fed news. There is also CPI news that is been announced a once monthly about consumer price index and it does affect the Bitcoin price and not really the presidential debate. What happen must have been a coincidence and perhaps the speculators too, they used it to create some move but it wasn't significant.

This debate thing is useless in my opinion, two individuals with personal beef and their respective party come and say things that are inconsequential just to win the heart of the public and when voted for in the office, they act like they didn't go though all this talk. Sometimes I think politicians are just the same group of people with different individual goals, they will never do what they promise the people, both Kamala and Trump had the opportunity to do the things they promised and they are now begging for another term.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
Trump is just a US presidential aspirant, and his words have little to no action on the price of bitcoin as it stands now. That's what I believe; unless he finally wins the election and is to sit on that, that's only when I might give his speech a second lesson.
I believe you know the extent of what any presidential election in the US means to the world and that's why whatever frontrunners say, in a way, also impacts the globe. Even before winning this election (hopefully, he does) whatever Trump's comments are on cryptocurrency will shape the way certain investors throw around their money on it. For now, his body language is suggestive of his backing. Quite alright, he may not be sitting in the White House now but that doesn't deminish his impact. Some people may even gauge his perspective on this from the angle of him being an astute businessman and not necessarily as a political figure.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
Stop these fucking threads that Trump is good for BTC.

He passed a bill that sucked bigly dec 2017 which set up the the 2018 dump.

Trump good for BTC is fucking bullshit.
I don't say anything. If you read my posts, you can see that I have never said that Trump is good for Bitcoin. Both, Trump and Harris care only about their election results, political power and money. Besides that, nothing matters to them. Will there be a boost to Bitcoin's price if Trump wins? I think yes, there will be a boost because as I read everywhere, for some reason, people expect that his influence on crypto and the stock market will be very positive. Still, Bitcoin will experience a bull run anyway because we are in a post-halving period and it's expected that the bull run will start this winter.

I also want to quote you this post of mine -
Trump isn't going to do anything good for the crypto community. If you read his statements, it's clear that he is against the philosophy of Satoshi and Bitcoin.

I don't know why you express negative mood in my threads.
sr. member
Activity: 490
Merit: 346
Let love lead

Bitcoin was created in January 2009, and so far it has grown with three different Presidents in the USA: Obama, Trump and Biden. We will have a same President Trump back to the White House or a new one Harris, but whoever a next President of the USA. Bitcoin will continue to move strongly to future. Presidents can change, policies can change but Bitcoin blockchain is unstoppable and with many big advantages it provides, Bitcoin adoption will continue its parabolic growth.

Next four years in 2028, we will have a similar question, will a next President affect Bitcoin market?
The way they project the next president of united states as though it's the president of the world or the next president of Bitcoin annoys me to the bones, I know that America is a big player in Bitcoin, but it doesn't even have up to 3% of it's total supply or thereabout, they hold only about 215,000 BTC and what's the fuzz about?. There are other big time players in the world, so many other countries who holds Bitcoin and more are adopting it, so the next president of America has little or no impact on the precious coin. The propaganda around this election and how it affects Bitcoin is becoming so unnecessary and disturbing.

Like you rightfully said, many presidents have come and Bitcoin outlived them, more would come and it would still survive.

Let's be clear here, Bitcoin is owned by no one, not even America, so it would still exist and progress void of American support if that's the worst case scenario. While we hope for a president that gives Bitcoin more favorable grounds to thrive in his country,  we've to stop tying the progress of Bitcoin to a nation's democratic process alone.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
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?

Stop these fucking threads that Trump is good for BTC.

He passed a bill that sucked bigly dec 2017 which set up the the 2018 dump.

Trump good for BTC is fucking bullshit.

This is not to say that Harris is good for BTC.

It is very simple that Trump fucked btc with his law he signed which started in Jan 2018.

His fucking law makes me do 200 page tax returns for well under 100k in income.

Fuck trump = good for btc.

rant over


BY the way trump and vance are both against eating pussy in Ohio so I have my doubts they stand a chance in that state.
legendary
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I don't think we can categorize any price change below 30% to be any kind of "effect". So far the only price change we've seen in the market has been 2-3% which is nothing by bitcoin market standards. Not to mention that on a bigger picture, ever since September 7 price has been pretty much rising from $52000 to the current $59000.
full member
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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.
I think for the past couple of weeks and months the value of bitcoin has been fluctuating within a range, going up and coming down. I would not tag the recent movement of bitcoin to be only as a result of the election debate between Trump and Kamala Harris. People who see the election as a reason may just be looking for any reason to believe that the outcome of the election will somehow have a huge significance on the market.
Maybe we are getting our hopes too high again looking at the election of the United States as a next big thing to influence bitcoin price, I don't think people should expect so much because too much expectation usually comes with disappointment when things do not happen as you expect. As an investor plan to invest for the long term.
legendary
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I think the debate is not dedicated for Bitcoin so why does it affects Bitcoin?  It is more focus on economy, policies, education, they simply talk about Bitcoin on how they can take advantage of the booming industry, so I think it is more on how to regulate Bitcoin to benefit the US.

Price may react but I do not think that it would be that great to make a huge impact on the Bitcoin market trade.  The debate is all about how to get vote not about how to adopt Bitcoin, IMO.


If anyone spent time watching the debate, they would know that neither candidate mentioned bitcoin even once, how can they say that their debate could impact the market? The outcome of the election and who wins will affect the markets in some way, either positively or negatively, but that doesn't mean every piece of news about the election will impact the markets.

What I see is that we are becoming more and more sensitive to news, which inadvertently becomes a weakness and a loophole for market makers to exploit. It will be easier for them to manipulate the market the more we rely on news to predict the market. Bitcoin price volatiles are just movements based on supply and demand, we don't need to be too sensitive and think that Bitcoin only volatile based on news.
legendary
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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.

Harris has ruined Trump's day in their last debate. But that news was fake.

In fact, in my opinion, BTC was green due to the positive outcome from S&P 500



BTC is tied to it.

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.

I think that's not true. But the result from the debate was impacting MAGA token a lot. MAGA is tied to Trump's performance in his campaign.

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

It's true. Crypto news websites used it as clickbait to get more visitors.
legendary
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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’d say if there’s an effect, it’s just a minor one. Price swings are pretty normal in crypto. If we really want to prove there’s an effect, we’d need to see a significant price jump or drop. Speculation is all it is right now, and people have different takes on that. I think we’ll see a bigger movement in price once the election winner is announced. That’s something to watch, because if Trump wins, it's predicted Bitcoin might pump. That sounds more likely compared to just a debate result affecting it.
True. Who would have thought that a single debate poll will affect bitcoin price, but I still believe it's more of a price fluctuations rather than giving all the credit to the result of the debate. Even if Trump wins on a debate, the effect would still be a minor one. Not a single debate will be able to manipulate the price of bitcoin, but if ever there is, probably more of a coincidence or let's just say a bigger reason is actually coming on its way. It takes days or a week before we'll realize it.
legendary
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I think the debate is not dedicated for Bitcoin so why does it affects Bitcoin?  It is more focus on economy, policies, education, they simply talk about Bitcoin on how they can take advantage of the booming industry, so I think it is more on how to regulate Bitcoin to benefit the US.

Price may react but I do not think that it would be that great to make a huge impact on the Bitcoin market trade.  The debate is all about how to get vote not about how to adopt Bitcoin, IMO.
sr. member
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Many blogs can use anything to bait viewers.
Yes it did have a little slide down cause of the news since many believe that Trump would be a better option for cryptocurrency
So him under-performing affected some confidence
And the rise is most likely as a result of ECB cutting interest rate by 0.25%
Which may set a precedence for fed rate cut
Thus making Bitcoin an attractive asset to invest in
I think some individuals are already buying in anticipation to September 17th.


Don't believe everything you see on blogs.
Research and make clarifications first
The forum do help with that.
full member
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I just don't know why people give so much Bitcoin credit to Trump, like since he started running his presidential campaign, literally almost any statement that he makes or debates in respect to Bitcoin, the news will either carry it that it will impact Bitcoin negatively or positively.
 
Trump is just a US presidential aspirant, and his words have little to no action on the price of bitcoin as it stands now. That's what I believe; unless he finally wins the election and is to sit on that, that's only when I might give his speech a second lesson.
full member
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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?

Everyone is always trying to link events to price moves in cryptocurrency but the reality is that there are just too many variables to accurately calculate. There have been extreme instances, like a big exchange getting hacked or when bitcoin ETF's were announced, where the timing is too coincidental to be anything else, but it's rare that more mundane events like a presidential debate is likely to have a strong effect. It's more likely to be economic related news that causes it to bounce or drop, so try to see past the politics unless a candidate says something specifically referencing crypto. The fact that the jobs market and the inflation rate in the US are stabilizing is likely fueling this latest rise.
I wouldn't be surprised if the campaign had a contributory effect on the price of Bitcoin currently because Trump is an advocate for the use of Bitcoin and cryptocurrencies foremostly because he accepts donations via crypto currency for his campaigns and his audience either have crypto currency holdings or investment or farms that mine crypto, that is as a result of cryptocurrency growth and future acceptance.
The price currently could also as rightfully said be a result of many other factors, but one thing to note is that, any serious investor would buy the dip, ignore the fomo and know how to cast their votes for the right candidate at the right time.
legendary
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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?
People who thought that debate would be relevant to the price probably panic sold when Trump went full trump in debate.

But truth is that no one knew how the outcome of the would affect to price, because no matter what happens, USA or trump doesn't control the price of the bitcoin. There have been several other issues in the world affecting into the price way more radically.

There have been way more radical price drops without clear understanding why those happened at the time. People can only speculate and they almost every time predict it wrong. Like the fact that it's supposed to be new gold, yet it drops in value when stocks drop. And other thing is, bitcoin is way more relevant to bitcoiners then rest of the world. Yet it seems we think that everything revolves around this, because this is "tech of the future". I mean it's neat tech, and sending value in a decentralized way is cool. But it's not changing everything and most people in the world don't even want to know about this.
legendary
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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?

Everyone is always trying to link events to price moves in cryptocurrency but the reality is that there are just too many variables to accurately calculate. There have been extreme instances, like a big exchange getting hacked or when bitcoin ETF's were announced, where the timing is too coincidental to be anything else, but it's rare that more mundane events like a presidential debate is likely to have a strong effect. It's more likely to be economic related news that causes it to bounce or drop, so try to see past the politics unless a candidate says something specifically referencing crypto. The fact that the jobs market and the inflation rate in the US are stabilizing is likely fueling this latest rise.
hero member
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Personally, I don't think so either. The bitcoin price movement since the debate is within the normal volatility of bitcoin, so it doesn't seem at all likely. What are we to think? That as a result of the debate the price has remained more or less the same?

As far as I know, there was a jump after the debate that's why there are members who are asking it is really affected the price because we are not in the $58k region. The week before the news of the debate, we are slowly going on a downward spiral, and could be hitting <$50k, until it just hold on that price.

And obviously, after the debate, we have seen the price slowly getting up and we can attribute it to the debate itself in my opinion. I think investors are waiting for that one positive news. Of course, every rally we look for certain news that have impacted the price in a positive way. So we might consider this for now, unless someone has a better explanation of the boost in price in the last 48 hours.
hero member
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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?
It's really hard to see whether it was one of the factors that really push the market to $58k price point that we are seeing. There are members who said that Trump might have lost that debate and that Harris won as we can see that there is a shift in the odds. But if Trump, a pro crypto or avid Bitcoin enthusiast, lost then why is the price going up? It should be the other way around? So as much as I believed before that Trump could win and it could be good for crypto in general? I might have my doubts right now. So we will see how big this price rally because of the so called result of the debate will be. It could be just another trap or could be catching a falling knife scenario for traders. So we should still be careful of what we are seeing because of the politics in the US.
legendary
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We have had countless similar discussions over the years... how much politics affects Bitcoin and the crypto world. US, China, Russia, Europe, etc... it doesn't matter which country we are talking about, the bottom line is the same, Bitcoin and the crypto world have their own path. When everyone thought that due to some changes in the countries mentioned above, prices would start to fall, the opposite happened, prices started to rise. Vice versa, when we thought they were going to grow, they fell... can we draw any conclusion from that?

The parties in power and the politicians who lead them think only of their own interests, we must not forget that. They don't care about crypto and all of us, they only think about themselves.

What time has shown so far is that Bitcoin and crypto are thriving, no matter what they all say and do. If the actions of politicians have any effect at all on crypto as a whole, it is all short-term.

sr. member
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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?
The speculations about Trump's political News affairs having effects on Bitcoin price is being too tedious for me to agree and even those acclaimed crypto sites that spreads these News has not been able to technically back this claims on how Donald Trumps Singlehandedly has been able to influence the price of a global digital currency as Bitcoin.

But if you ask me, I would say... That I am beginning to be convinced that truly, Trumps political media awarenesses really do have the influence.
legendary
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Personally, I don't think so either. The bitcoin price movement since the debate is within the normal volatility of bitcoin, so it doesn't seem at all likely. What are we to think? That as a result of the debate the price has remained more or less the same?
sr. member
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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?
For the price of BTC to have gone up today, that tells you the reason for the drop in price earlier wasn't because of the debate Donald Trump had with Kamala Harris, it's just about the market forces displaying itself as market fluctuations happens every now and then, maybe the news agency are using the debate for a click bait just as you've rightly put, news agencies will do anything to sway the minds of readers and that's exactly what they've done.

Before now bitcoin has been growing on a steady trajectory with or without the input of Donald Trump, however it is good to mention that Donald Trump has been making statement about policies he will make for the betterment of the cryptocurrency and Bitcoin community, but that does not mean that even though he loses the election for instance that bitcoin will not continue it's growth, it is also of utmost importance to Note that the debate had a lot of discussions and it was not centered only on Bitcoin, so why will it have direct effect on Bitcoin price.
hero member
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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 don't think so lol. Pretty sure it's just a clickbait and whatever people say otherwise is just them forcing politics down the markets throat. The market was already showing signs of recovery from the 54k levels. I'd probably relate it more AFTER the election ends, and if Trump does win. He's more on the side of crypto afaik after all. Him doing something about crypto remains to be seen though but for now, his the more favored candidate for Bitcoin enthusiasts who do connect politics to crypto.

And as you've already said, even if it was connected, it should've went up due to the results. Honestly sounds dumb to relate the movement of Bitcoin to one factor really when there's countless factors.
legendary
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In the debate between Trump and Biden, they also did not mention cryptocurrencies and this time too, neither candidate mentioned cryptocurrencies in yesterday's debate. This shows that crypto is not a major factor in this election and they don't have much time to discuss every issue. Not to mention, I think it also depends on the questions the host asks.

I think the election results will have an impact on the crypto market but the debates or campaigns of the candidates will not have an impact on the market. I think the announcement of the inflation index is the cause of that volatility. CPI fell as expected but core CPI rose, a result that still failed to dispel recession fears.
hero member
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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 don't want to personally believe on this, because the bitcoin market in cryptocurrency has always been volatile ever since the beginning, so why should we get moved by the little bear which does not last more than some hours in determining for the reason why it happened, there is lot to talked about on the economic aspect, which if we continue to dive into, we may say that every happenings is the reason to what cause the bitcoin market volatility, but that wasn't.
hero member
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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?
From this speculation, one could see that what most of these crypto gurus or experts do is just guessing. Bitcoin price is controlled by many factors, and I think the debate will have an insignificant impact. I wonder how it will affect the price when crypto is not even mentioned by both candidates. Trump, who is seen as a crypto-friendly candidate, never mentioned anything related to the industry.

Maybe the outcome of the elections will have a bigger effect on the price. I think the CPI report contributed to the movement we saw in the market. But investors are targeting the outcome of the Feds meeting, believing that interest rates will be slashed. Maybe we might see a very bullish market if that happens.
sr. member
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These days any significant change in the price of bitcoin is attributed to the US election candidate or something similar. I'm tired of seeing it.
Just last week bitcoin went down to about $53k was that because of the presidential debate too? On Monday it went up to about $57k before dropping again to 55 yesterday. What could possibly make this an effect of the presidential debate?

Bitcoin price is controlled by the demand and supply of bitcoin. The more people sell, the more the price drops, the more people buy, the more the price goes up. The demand and supply are caused by factors affecting the market and I know politics is one of them but I doubt there's any investor out there saying they have to sell their bitcoin because Harris might win the election or anybody saying I'll buy bitcoin because Trump might win the election. Bitcoinn price has been fluctuating from time immemorial, no point in giving relevance to irrelevant things.
legendary
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In yesterday's debate, not a single participant touched on their attitude towards cryptocurrencies. If we talk about Harris, then for her this is quite a normal phenomenon. Trump usually likes to declare his positive attitude towards crypto, but yesterday this did not happen. Either way, I would not rely on any candidate as a guarantor that will improve the regulatory environment for Bitcoin. Bitcoin is unpredictable, and we cannot be sure of a specific, single event after which the price of Bitcoin will confidently rise without various fluctuations.
hero member
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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?

Nah, it's just clickbait nonsense.
Who said that Harris won the debate? The mainstream liberal media with their made up polls? If you ask me, nobody won the debate.
Harris promises bigger corporate tax, which is bad for the business(including the crypto business). Why would the crypto prices do up just because Kamala Harris had "won a debate"? This doesn't make any sense. There are forces on the market, that caused this small price recovery and they have nothing to do with the presidential debate. I also expect the BTC price to keep dropping bellow 55K USD, but I won't explain why. Grin
sr. member
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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?
There have been many significant events in the world in the last few days, as well as on any given day. Almost all of them directly or indirectly affect the cryptocurrency market. Of course, the debates between Trump and Harris also had some impact on the cryptocurrency, but often such an impact is contradictory, which ultimately almost neutralizes such an impact. Not all US voters associate Trump's victory with the further growth of the cryptocurrency price.

It is said here that the price of bitcoin after the debates first fell, and then began to grow. If you look at the price chart of bitcoin and other cryptocurrencies, you can see that the movement is different, but overall there is a positive change and some growth. And this suggests that Trump's loss in the debates is unlikely to have significantly affected the cryptocurrency market.
hero member
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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?

The blogs work with crypto trend and most often they write things that are not true, Only Coindesk and Cointelegraph are the best news report when it comes to crypto, the rest are just hungry wana be reporters that want to have audience to their platform otherwise how on hell will common debate influence the price of Bitcoin, not even election we are talking about but debate where two candidates says things that are not even needed.

Was the debate actually significant to other things? I'm not sure it was because of the debate the Bitcoin price fell a little, it was because people expected CPI data to be high which later resulted in low outcome compare to the expected value. When inflation number fell to 2.5%, that's when the price fell because people expected it to go higher than this but does it matter, the price has again adjusted yesterday and I don't even know the news why the price went up.

legendary
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Not really, not enough to cause a meaningful movement of price any way. Long term it does not matter who wins the election but short term it could move the price in November. Trump is definitely the more crypto friendly candidate so if he wins in November the price should go up.
sr. member
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debate between Trump and Harris is unlikely to drastically move Bitcoin's price. While some crypto news connects the debate to the price movement, there probably are more concerning factors at play. Other events, which are more concerning like inflation and upcoming CPI reports, would have more effect on the price of Bitcoin.

And there is also the tendency of media to latch onto big events such as debates to help explain moments of short-term volatility, crypto prices respond to a mix of factors including market sentiment and technical levels, not just political outcomes. IMO, even if Trump or Harris promise some positive policies about crypto, but if other factors are not supporting the crypto price wouldn't make significant move.
legendary
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Many say that if Trump wins the presidency, we shall see bitcoin rise. But if they are saying now that bitcoin’s rise is caused by Trump losing in a debate then what does it really say for their claim that bitcoin will rise if Trump wins?

I'll let you in on a little secret. Most people have absolutely no idea which direction Bitcoin's price is going to go, because so many factors and events contribute to whether it will move up or down in one day or not, and nobody can coordinate all of that, not even powerful people. That is the power of decentralization, and why a perennial criticism against Bitcoin is usually "it is too volatile". Because it's not like a stock where only a few people at the top of the level can control it.
sr. member
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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.
That is quite contradicting if you think about it.

Many say that if Trump wins the presidency, we shall see bitcoin rise. But if they are saying now that bitcoin’s rise is caused by Trump losing in a debate then what does it really say for their claim that bitcoin will rise if Trump wins?
Quote
Is this true or do crypto news websites use this debate as a clickbait?
I think sometimes people believe what they want to believe. It’s easy to blame the direction of the market to the recent events even if it does not fit the narrative that has been pushed for months now. It’s possible that bitcoin wasn’t all that affected by the debate. It’s still just a debate after all and not yet the deciding factor.
sr. member
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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?

Bitcoin pump and dump incident already existing even though Trump vs Harris debate didn't happen so current movement is still normal since we don't see bigger changes after those event happen. Also I think its bad thinking to relate any certain movements to current election noise. Since It really doesn't change people stand and people will continue to do their thing with their bitcoin.

I also don't think automatically there's big changes will happen to bitcoin if Trump win since it will depends on the regulation that possibly implemented since if he just support it by word but no action done then there's still nothing will happen with bitcoin. Same with Harris if they just warn people regarding on crypto but allow them to use it then nothing will also happen since people could continue to do their transaction.

Everything will really depends on how they act with certain things either they create law to eliminate or allow it since this will determine the next movement of bitcoin.
hero member
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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’d say if there’s an effect, it’s just a minor one. Price swings are pretty normal in crypto. If we really want to prove there’s an effect, we’d need to see a significant price jump or drop. Speculation is all it is right now, and people have different takes on that. I think we’ll see a bigger movement in price once the election winner is announced. That’s something to watch, because if Trump wins, it's predicted Bitcoin might pump. That sounds more likely compared to just a debate result affecting it.
sr. member
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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?
They use debate news as a clickbait as how they used news on possible policies of these nominees on Bitcoin and cryptocurrency market recent months. It's not surprised that they are continuing to plot different futures with two nominees together with possible plans of regulations on Bitcoin and cryptocurrency market.

Bitcoin was created in January 2009, and so far it has grown with three different Presidents in the USA: Obama, Trump and Biden. We will have a same President Trump back to the White House or a new one Harris, but whoever a next President of the USA. Bitcoin will continue to move strongly to future. Presidents can change, policies can change but Bitcoin blockchain is unstoppable and with many big advantages it provides, Bitcoin adoption will continue its parabolic growth.

Next four years in 2028, we will have a similar question, will a next President affect Bitcoin market?
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
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?

That is quite an observation. Market reactions to political events are many a time multifaceted and, in most cases, a result of many variables interplaying in the market. At the same time, some journalists jumped to conclusions when they felt that the surge in the price of Bitcoin was a result of the Trump-Harris debate. Nevertheless, one must acknowledge that cryptocurrencies depend upon many aspects of the market, such as sentiments, economic data, regulatory news, and general financial trends.

It is believed that the Bitcoin prices dropped owing to news about the feud between Trump and Harris. The subsequent rise on account of Harris' victory in the election could be facile. Crypto markets can be very volatile and the price fluctuations may be due to anything but a single event or dispute. Most such news stories are resorted to by the media for their appeal value. But it may not necessarily be the leading cause of the price rise.

When analyzing movements in the market multiple sources should be considered and many factors considered, although political events can affect the market. But the relationship between these stated logics and cryptocurrency prices is not always straightforward. Cryptocurrency market movements can be caused by many factors. Including investor confidence and other economic indicators.
hero member
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Metawin.com - Truly the best casino ever
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?
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