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Topic: Don't fall for this Trump's statement about Bitcoin. This is bullish! - page 3. (Read 898 times)

legendary
Activity: 3038
Merit: 2162
I don't share this feeling that POTUS criticizing Bitcoin is a good thing, seems like quite a stretch to me, no wonder people are making fun of Bitcoiners sometimes with "this is good for Bitcoin" meme.

And I would even go as far as to say that it's a negative thing, because a ban on cryptocurrency by the US would be a horrible thing - other countries would follow suit, exchanges will close, the market will lose liquidity which is already low, the price will plummet, mining and hashpower will suffer, adoption will be halted. Just because Bitcoin can't be stopped, doesn't mean it can't be harmed.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
The tweet has had no effect, as yet, on google searches for neither Bitcoin nor Libra. Google trends (handle with a spice of scepticism) show no abrupt surge in the searched terms, hinting that it has not caused additional interest (yet) for information on them due to the tweet.

7 day trend chart above.

Nevertheless, up to 61,9 M people (his twitter base of followers) now have Bitcoin potentially crossing their mind, which is not bad publicity.
As if FIAT was clean from the drug trade – hell, you can’t even handle one without there being traces of it on it …
sr. member
Activity: 882
Merit: 282
Realistically, Trump statement should not make the market to dip and I did not see any serious dip since he tweeted that statement yesterday. The market will explode any moment from now because his statement validated bitcoin though he said: "he is not a fan of Bitcoin". To me, he speaks from the investment angle like other businessmen have spoken and not that bitcoin is bad and he is not rejecting it. We should know that Trump has made several comments and his first speaking about bitcoin should be seen as a good omen and not a bad one. Expect more bullish momentum some days to come because of the outcome of this statement.
member
Activity: 532
Merit: 11
♦♦♦♦♦
i'm not the person that gonna sell my bitcoin or BTC because someone doesn't like it. for me that only personal view and that is okay. he can speak what he want to. And actually trump isn't the only one that said bad things about bitcoin. just trust on bitcoin and cryptocurrency
member
Activity: 616
Merit: 30
This is what reverse psychology is and will help us realize what’s the true score on what this President Trumps says either it’s against cryptocurrency  or not,what is important is the impact this will bring to our community here,people now will have a chance to have thinking and researching about what this all about,if this is really risky or the truth isn’t profiteering
sr. member
Activity: 1197
Merit: 482
Hopefully his administration doesn't decide to go hard after the exchanges by piling on so many regulations it becomes impractical and for all intents and purposes shuts down the fiat to crypto bridge. Trump may have the attention span of a fruit fly but the people that happily get on their knees for him do not and they can cause some real damage.
jr. member
Activity: 56
Merit: 5
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!

and few facts about trading just know all the traders which predict the outcome by lines on graphs like support and resistance and other shit they are crazy people in some sort of level, because the web dominated by scams and all the books and blogs about trading is some sort of level scam because lines on a graphs in trading cannot predict the outcome ... 99.99% are stuck in this rabbit hole hhhhhhhhhh

what predict market movement is selling and buying rate....very simple and nothing else, this is why the topest traders dont called traders and they more in some sort of level are holders because they know this and that going to spike this coin in a matter of 6-7 months,

day traders its huge scam running over the web as in reality 99.99% lose and some get to the streets, the scams give the illusion that its healthy and stable market BUT its far away.
jr. member
Activity: 56
Merit: 5
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!

whether they support crypto or not, whether they fight it or not its dosent matter  Cool

whats matter its the technology and peer to peer whatever its LIKE PACMAN which mean relative to all tech that was,  a lot of them died and replaced by new and so on ,

yet

...

peer to peer file sharing which is the oldest tech in the space of technology still here and still growing like monster.

peer to peer money like peer to peer file sharing is put out of the chain the government which behind usd, euro, shekel,rubel russia, and other shit out there.

its also put out the banks and paypal services out of the chain which is industry more then 23 trillion dollars.

after all this in other words facebook startup is shit compare to this kind of technology and he only will be dream to be part of this kind of startups which disrupt industry of more then 23 trillion dollars

HARD CORE reality facts...
jr. member
Activity: 56
Merit: 5
whether they support crypto or not, whether they fight it or not its dosent matter  Cool

whats matter its the technology and peer to peer whatever its LIKE PACMAN which mean relative to all tech that was,  a lot of them died and replaced by new and so on ,

yet

...

peer to peer file sharing which is the oldest tech in the space of technology still here and still growing like monster.

peer to peer money like peer to peer file sharing is put out of the chain the government which behind usd, euro, shekel,rubel russia, and other shit out there.

its also put out the banks and paypal services out of the chain which is industry more then 23 trillion dollars.

after all this in other words facebook startup is shit compare to this kind of technology and he only will be dream to be part of this kind of startups which disrupt industry of more then 23 trillion dollars

HARD CORE reality facts...
sr. member
Activity: 406
Merit: 301
Make a negative statement about it and buy cheaper.
That's very important to understand.

If I was a powerful influential then this is very easy for me to spread some negativity, fear in the market and once the market starts to panic and start selling and price starts to drop then I will buy the low. No one is going to know about it. Once I am happy with my bag then I come up with good statements about bitcoins.

So, careful who you listen.

I left you 2 sMerits for this constructive thoughtful topic.

Thank you! You are the first one who gave me 2!  Smiley
legendary
Activity: 2576
Merit: 1655
Thank you mister Trump for shilling magic Internet money to 62 mln people!  Grin

Yes, thanks Mr. President. We're in the dip recently, but as soon as he tweet it, the market suddenly recovers and almost all crypto's are now back into green zone. So I'm expecting in the next coming days, we will see the price touching $12k and this will never be forgotten and will be etch on bitcoins history.
legendary
Activity: 3542
Merit: 1352
Every influential man who has said something about bitcoin, be it negative or positive, pumped the price in one way or another e.g. Jamie Dimon and his continuous bashing of bitcoin and ceypto in general. Also, the news/tweet already reached a lot of audience, and look at how the price reacted due to that single statement. I wouldn't generally call this as a normal/ongoing thing for crypto but hey, bad publicity is still publicity, and will still generate interest among the masses.
member
Activity: 224
Merit: 62
It is reverse social engineering. CIA + IMF + FED JEDI MIND TRICKS.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
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!
This is a good point. Some people can, of course, be genuinely worried about Bitcoin and thus say bad things about it, but others do it for business. Remember how the devaluation of fiat is sometimes called the hidden tax? 'cause you don't give your money away directly, but you can buy less and less for it, which is basically the same. I think that since the govs and banks cannot do anything exactly like that with cryptos, they are trying to make people dump their coins, so that people can buy less for the same money and so that these business-oriented people can then buy their coins, getting more control over the market.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Make a negative statement about it and buy cheaper.
That's very important to understand.

If I was a powerful influential then this is very easy for me to spread some negativity, fear in the market and once the market starts to panic and start selling and price starts to drop then I will buy the low. No one is going to know about it. Once I am happy with my bag then I come up with good statements about bitcoins.

So, careful who you listen.

I left you 2 sMerits for this constructive thoughtful topic.
member
Activity: 183
Merit: 65
Thank you mister Trump for shilling magic Internet money to 62 mln people!  Grin
member
Activity: 322
Merit: 20
Donating 10% to charity
That is so truth. You also are making me remember about the phrase that says: There's no such thing as bad advertising.

I still believe that it is something extremely useful in this moments and years. In the future, the price will probably be extremely hard to influence but also the time to play with the margins is precisely right now, that is why i don't criticize whales - It's truth.

In the future, however. Things seems like they are going to be a lot more stabilized and gossip is going to be a lot less important, thankfully.
sr. member
Activity: 406
Merit: 301
I agree on that. I think they will eventually adopt crypto. I think that's the plan from the very beginning. To have a new world with cashless society. Maybe they started to mention bitcoin and crypto so they see the reaction from people. A little research as you say.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Don't fall for this Trump's statement about Bitcoin.

too late:

58 MINUTES AGO

Bitcoin Industry Celebrates ‘Achievement Unlocked’ as Trump Pumps Market

I agree with this:

Never trade cryptocurrency based on the news and statements like that.


unfortunately in the world crypto the news has a great power, and many people do not know to keep calm and be rationales

He also didn't say that he is against bitcoin. He just said he is not a fan of btc. A big difference.

he is doing a little research to see the reaction of people, he measures his words so that they are not words without a return. in this case he just expressed his opinion, which means that he does not run the risk of losing voters for talking bullshit.
sr. member
Activity: 406
Merit: 301
Trump changes his mind too often on his twitter. So don't take it seriously.
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