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Topic: Don't fall for this Trump's statement about Bitcoin. This is bullish! (Read 878 times)

member
Activity: 532
Merit: 10
█ J A X N E T W O R K █
In my opinion, Donald Trump is difficult to guess and the changes are not only based on these private lines.  but implicitly, Trump sees and affirms the existence of bitcoin and crypto is true.  I think bitcoin will continue to rise again not only by this.  Big investors have returned to the market and stimulated demand from the new target.  This adjustment will continue to boost the market.  even Halving BTC at 2020.
newbie
Activity: 39
Merit: 0
I share your opinion and the truth is that we should not get carried away by anyone's opinion, especially in a time where cryptocurrencies have already gained a great reputation and where every day there are new applications that facilitate their use and acceptance to create opportunities for millions of people. people.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
The tweet from Trump is a boost for Bitcoin. After his tweet, the search for Bitcoin explode in Google, that means people want to figure out and know something about Bitcoin, in a nutshell, Trump do great advertisement for cryptocurrency in general.
hero member
Activity: 3024
Merit: 651
Oh sh*t! I forgot he is a businessman after all.
Yeah, they do that.
Making bad statements about an opponent while preparing for their own look alike or a copy of the one they are against.
Good analysis.

He might do it. It may look like the same as what Suckerberg's project it.
I mean he aint really stopping it but more like just holding it to avoid big industries investing with Libra.
sr. member
Activity: 406
Merit: 301
it is still funny how many people are following trump .
And how many people give attention to this tweets XD


regards

Many of us are probably not his twitter followers. But we do hear the news. You can use it as a contrarian indicator like i did.
legendary
Activity: 1582
Merit: 1031
it is still funny how many people are following trump .
And how many people give attention to this tweets XD


regards
sr. member
Activity: 406
Merit: 301
Don't fall for this Trump's statement about Bitcoin. This is actually bullish! “Giving attention” to crypto period, tells me it’s game on. Never trade cryptocurrency based on the news and statements like that. Do you remember the statements from the JP Morgan? If you learned something from that, you should seek for every opportunity and buy any dip that comes (if it comes). That's how the big players do their thing. You want to buy cheap coins? Make a negative statement about it and buy cheaper. If you panic sell, they will get your bitcoins before it goes further to the upside. You will be shaked out and kicked out of this train. Don't fall for it. This is bullish in my opinion. Bitcoin clearly got some attention from mr. Trump (or his team) clearly, it's so important that he tweets about it. If it wasn't important he wouldn't bother to write anything about bitcoin. He also didn't say that he is against bitcoin. He just said he is not a fan of btc. A big difference. He likes to change his mind very often on his twitter! Trump has many followers and he mentioned bitcoin to them. Any advertising is a good advertising! So again, don't fall for it. I think you should do the opposite of what the small traders would do in this case. Buy the dip!

Ok. A few days ago, this topic started. In this time bitcoin droped from almost 12.000 to 9000 usd. Yesterday, there was a big and fast increase in price. More than 1000 usd in 30 minutes. 1500 usd increase in 1 hour. In my opinion this was some big player buying. Bought himself position in bitcoin. When he bought up he was probably happy with his position. Because there was no huge buying anymore after the spike. And the price was pretty much consolidating all day and slightly declining. After some time there were a smaller spikes, maybe a smaller players buying their position too. It looks like they are accumulating. If the price goes lower they will probably accumulate more. If the price goes up they will win anyway. It's possible someone took an advantage of this fud and bought a huge position.
hero member
Activity: 1030
Merit: 502
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Well, if we avoid his words, somehow he advertised Btc and we can take it as a good thing Smiley That’s right, all the big players want to buy cheap and they make this kind of negative statements. I think we should learn to stay calm and don’t pay too much attention for this kind of news about crypto and Bitcoin.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
It's so obvious the bull run of bitcoin will begin soon but these whales are so smart they try to spread such informations about Bitcoin to get people to panic sell so that they can buy cheap. The increase in adoption of cryptocurrencies growing day by day as major cryptocurrency exchanges are recording all time highs of bitcoin transactions almost everyday. The future is here folks, hodl.
hero member
Activity: 2268
Merit: 789
Don't fall for this Trump's statement about Bitcoin. This is actually bullish! “Giving attention” to crypto period, tells me it’s game on. Never trade cryptocurrency based on the news and statements like that. Do you remember the statements from the JP Morgan? If you learned something from that, you should seek for every opportunity and buy any dip that comes (if it comes). That's how the big players do their thing. You want to buy cheap coins? Make a negative statement about it and buy cheaper. If you panic sell, they will get your bitcoins before it goes further to the upside. You will be shaked out and kicked out of this train. Don't fall for it. This is bullish in my opinion. Bitcoin clearly got some attention from mr. Trump (or his team) clearly, it's so important that he tweets about it. If it wasn't important he wouldn't bother to write anything about bitcoin. He also didn't say that he is against bitcoin. He just said he is not a fan of btc. A big difference. He likes to change his mind very often on his twitter! Trump has many followers and he mentioned bitcoin to them. Any advertising is a good advertising! So again, don't fall for it. I think you should do the opposite of what the small traders would do in this case. Buy the dip!

Regardless of what he says, I do not actually listen to him. Neither do I care about his lates rants and updates especially with regards to cryptocurrency since this is a field that is beyond the scope of their understanding and knowledge. Although he may be a successful entreprenuer and investor, I doubt that he has the means of understanding cryptocurrency given that he has a country to serve and work for.

His tweets might be viewed as a negative consequence that will further increase the stigma on bitcoin on most people who are not knowledgeable about the subject. This may render negative implications as it will discourage potential investors who are willing to invest their money in cryptocurrencies.
jr. member
Activity: 420
Merit: 1
Trump is a politician, and politicians change their minds very often, especially in social networks! Good luck to all!
legendary
Activity: 2646
Merit: 1106
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What's taking place with the market is the regular price fluctuation. Trumps statement has taken bitcoin to the entire world, through this even the unknowns too have come to know about it. This hasn't affected the market anyway, before every level of forward push there will be some momentum gain and the same is taking place at the moment.
member
Activity: 845
Merit: 52
If something is not important and has no future value or can change the event of play and change our systemic operations, the government will just be silent about it, but when it becomes a major source of concern to the government and big industries, then it's time to be jealous about the outcome because the government major aim is to always control the people. Only the people who really don't know the future of cryptocurrency will be scared about the President's tweet. Funny, the big banks and the big companies that actually control the economy and not necessarily the elected politicians
sr. member
Activity: 406
Merit: 301
If it's good news, buy the rumor sell the news. If it's bad news, you buy the dip, you buy when others panic.
full member
Activity: 1134
Merit: 105
Trump's words changed nothing. Yes, the price has fallen, but it is not a significant drop. Too many people believe in bitcoin. Soon the price will return to the previous level. I think now is a good time to buy bitcoin.

I do not think that little bitcoin price drop has anything to do with the trump statement. Bitcoin is bullish and is being adopted quickly. Also now bitcoin prices do no react much to the statements from the presidents or celebrities.
hero member
Activity: 1890
Merit: 831
Well to be honest it's Trump .
No one cares about what he said , just because he is the president is the reason people actually listen to him .

He said Bitcoins is not money .
   Does he really think we don't know that already ?
   Bitcoins is more likely an investment which can easily be taken
   And exchanged for money .
   It is like gold and share market.

We know what to expect here , that's why we are investing , the market is volatile and it is beneficial for us not otherwise.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
You know when a US President makes statements on Twitter that much and nobody takes it seriously anymore, then you know his days are counted. Yes, he made some huge waves with the trade war statements and the things he said towards North Korea, but he turns on a dime and says the opposite within a few days.

I think he takes a few Whiskeys before he Tweets and then he talks a bit shit on Twitter and the next day his advisors has to repair all the damage and give him direction to post something that would help to do that.  Roll Eyes
sr. member
Activity: 1918
Merit: 268
Vave.com - Crypto Casino
I also don't think it's a point of bitcoin destruction even though Trump said he wasn't a fan of bitcoin, I don't believe the news articles out there exaggerated to make panic, so come back to think more positively about Trump Tweets
member
Activity: 588
Merit: 11
I believe that Trump already knows what bitcoin is and he knew also how profitable it is, but he may not like the cryptocurrency itself. The recent tweet of the US president against bitcoin and other cryptocurrencies might become a 2020 election issue according to some reports and if this happen, other would-be candidates for presidency might join the debate.
legendary
Activity: 1652
Merit: 1483
it's bullish for price (medium/long term) but it's bearish for crypto regulations. sounds like trump is ready to rubber stamp whatever draconian bill comes down the pipeline from our friends at the FATF.

I can't wait to see something bullish for alts btw..

you might be waiting a while! Lips sealed
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