When he tweeted it, there was no effect on price whatsoever. There are probably other reasons for current dump, and not that tweet.
That is how I see it too. The president tweet is just a coincidence and it has nothing to do with the current market behavior. I even like the current market conditions and his comments just justify bitcoin and it means the probability of banning bitcoin is moving close to the impossible level. Trump will one day buy bitcoin! Though he is not a fan of bitcoin now. 
Topic: How much do you think the President’s recent comments have hurt bitcoin prices? (Read 8068 times)
July 28, 2019, 12:28:12 PM
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July 28, 2019, 04:22:35 AM
I think the Tweet it self did not have an immediate impact, but the media attention it got just catapulted it into to a whole new level. The media just love negative news and this combined with the statements that Trump made about Facebook's Libra, just triggered a downward spiral in the price.
Many bitcoin enthusiast don't seem to agree with this truth but that's just the fact. The market was trying to break the $13,000+ resistance level until the tweet came along and the media did what they know best (spread fud with any negative news they can get their hands on), even my local news media was reporting trumps tweet (that's how I even got to know of the tweet). We shouldn't denial the fact emotions still plays a major role in the cryptocommunity. It's one of those reason bitcoin price spike higher (due to fomo) and decline (due to fud). The tweet did have a major effect on bitcoin price but bitcoin will definitely bounce back, Just like old times.
July 28, 2019, 03:55:58 AM
I like it. Trump has +62 million followers on Twiter. If you also include the potentially hundreds of millions of people around the world that heard about it due to the mainstream media covering it, then it gets even better. No matter how much money you spend on advertising, you won't be able to generate as much exposure as Trump did with that one Tweet.
I'm looking forward to his next Tweet and the media attention that it will generate. If the president of the most powerful country in the world keeps talking about that Bitcoin thingy, it might actually be worthwhile for no-coiners to start looking into it. One thing is sure, even if people still don't like Bitcoin, the name is something they will never forget.
I'm looking forward to his next Tweet and the media attention that it will generate. If the president of the most powerful country in the world keeps talking about that Bitcoin thingy, it might actually be worthwhile for no-coiners to start looking into it. One thing is sure, even if people still don't like Bitcoin, the name is something they will never forget.
In the end everything comes down to marketing. This kind of advertise can`t be paid, and in long run this benefits bitcoin. If the price suffered cause of Trumps tweet, it will be temporary, but more people will hear about it, more people will talk about it, bitcoin is gaining popularity whenever he wrote something about it, good or bad.
I`m looking forward to his next tweet about crypto, too.
July 27, 2019, 12:38:07 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
We might see some fundamentals that we do thought that's the main reason why bitcoins price or entire market movement goes slump due to those words.Bitcoin is currently hovering just over $10000.
Actually,we wouldn't know if this is the real reason or not or just simply being dragged up by those comments or words by most popular or powerful people.
They can tell all the things they do want but no one can point out on why bitcoins price do pump or dump.
July 27, 2019, 03:29:25 AM
For once, I'm actually in agreement with almost all the points in today's Forbes article by Kyle Torpey. If all of what Trump wants he gets: quantitative easing, remittance restrictions, clamping down on end-to-end encryption.
And I'll always take the point of view that any form of censorship, any form of money restriction, money control -- will force people towards Bitcoin.
In fact, any direct moves against Bitcoin itself also promotes better use. Ban bitcoin exchanges, people go p2p. Ban bitcoin services via ISPs and people learn to use Tor and tunnels.
And I'll always take the point of view that any form of censorship, any form of money restriction, money control -- will force people towards Bitcoin.
In fact, any direct moves against Bitcoin itself also promotes better use. Ban bitcoin exchanges, people go p2p. Ban bitcoin services via ISPs and people learn to use Tor and tunnels.
July 27, 2019, 02:57:01 AM
I think that its recent comments about Bitcoin and cryptocurrencies will discourage many people to buy or trade this coins, because he have so many followers and fans around the world, and already its Twitter account is very popular.
But I believe that BTC price will go up despite these comments because its community is also very big.
Perhaps for the future investors who are considering to invest in Bitcoin and also a fan of Trump at the same time. However those who are investors that are already fan of Bitcoin and Trump wouldn't be discouraged and also those who believe in Bitcoin and not a fan of Trump. In my point of view since US citizens are one of the largest investors in Bitcoin, it may hurt a lot to Bitcoin's price. But I believe that BTC price will go up despite these comments because its community is also very big.
July 27, 2019, 12:23:48 AM
There are too many people that think his tweet was bullish for the market. Their reasoning is that since he meantioned it, it means it is going mainstream and bullish for price. I think the only reason why he meantioned Bitcoin was probably due to all the mess that Libra created that week, if Facebook never went into Crypto then most likely it wouldn't be on his radar.
I don't think he can outright ban it but if he meantions something of this sort then most likely price will tank because all the US institutional investors would be running for the doors. And that would definitely put a negative trend on the price, even though it might not actually get banned in the US.
I don't think he can outright ban it but if he meantions something of this sort then most likely price will tank because all the US institutional investors would be running for the doors. And that would definitely put a negative trend on the price, even though it might not actually get banned in the US.
July 26, 2019, 11:13:24 PM
I believe Trump's comment isn't connected in the fall we are having.
i also believe that because even if there are no bad news , bitcoin is still going down due to some other reasons . there were also times that there are lots of bad news but bitcoin was in a stable condition .It doesn't make others to panic.
to some it can cause panic attacks especially to those people that are on the u.s Maybe there is something that cause this sudden dump, idk maybe a selling point of traders or something else. Anyways, nothing to worry that much, pretty sure it will recover next month.
the dumps are basically caused when a person sells but your right . the value of btc is known to recover over and over again so i wont worry . 
July 26, 2019, 06:22:05 PM
looks like I was right. Trump has caused a cascade in an already shaky situation.
Cascade and cheaper prices seem like vastly different concepts to me. If you go shopping and your favourite beer is on special 25% off, would your reaction be ,its a cascade I no longer am thirsty or have any preference for this beer. Cheaper is worse or possibly we shouldn't look at prices on one day, week or even year as being much of an indication for success.
If its cheaper then I hope it allows from entrants then if we never stopped rising.
The Trump statements dont have to matter that much, he is just one man and I never evaluate a nation and its potential by just their politics nevermind just the offhand comments of a singular person. I understand actions can be taken but like the price its really the overall direction the country is proceeding that matters far more.
USA is technology capable and growth orientated and I believe USA will engage Bitcoin especially while it represents positive potential and the possibility for world trade; both great things in our time.
July 26, 2019, 01:49:13 PM
None what so ever. And i highly doubt that he wrote that tweet anyway. It was almost coherent unlike his usual ramblings. Sure it was inaccurate as well but i am betting that the wording was from someone else.
July 26, 2019, 12:49:07 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
I don’t think that Donald Trump’s recent statement about bitcoin and cryptocurrency can significantly affect the price of bitcoin. The statement did not have a sharply negative character or its negative plans as president in relation to cryptocurrency. Moreover, next year there will again be a presidential election in the United States and Trump’s current attitude is not so important. In the meantime, we have seen that lately the price of Bitcoin has practically not been exposed to bad news. Bitcoin is currently hovering just over $10000.
July 24, 2019, 11:01:04 AM
Libra is competition to the dollar.
Bitcoin is competition to gold.
That being said, I dont believe anything the US president says about crypto will affect the price of bitcoin. It will affect libra instead.
Bitcoin is competition to gold.
That being said, I dont believe anything the US president says about crypto will affect the price of bitcoin. It will affect libra instead.
July 24, 2019, 10:46:30 AM
Know what? This can be a win-win situation for us. Considering how polarized the society in the US has become, I have a feeling that the Democrats will start supporting crypto if Trump badmouths it. And remember, the Democrats got more votes than the Republicans during the POTUS elections of 2016, and they swept most of the larger states such as California, NY and Washington.
July 24, 2019, 09:33:37 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
looks like I was right. Trump has caused a cascade in an already shaky situation. Bitcoin is currently hovering just over $10000.
July 23, 2019, 06:59:04 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
Any advertisement is good advertisement. Not just that it did not hurt it helped for people to look at Bitcoin.
July 23, 2019, 06:30:34 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
Any advertisement is good advertisement. Not just that it did not hurt it helped for people to look at Bitcoin.
July 23, 2019, 05:41:30 PM
Though I find it quite ironic since Trump believes that -
Quote
any publicity is good publicity
and he seems to add more fuel to the Bitcoin fire than killing it. I like it. Trump has +62 million followers on Twiter. If you also include the potentially hundreds of millions of people around the world that heard about it due to the mainstream media covering it, then it gets even better. No matter how much money you spend on advertising, you won't be able to generate as much exposure as Trump did with that one Tweet.
I'm looking forward to his next Tweet and the media attention that it will generate. If the president of the most powerful country in the world keeps talking about that Bitcoin thingy, it might actually be worthwhile for no-coiners to start looking into it. One thing is sure, even if people still don't like Bitcoin, the name is something they will never forget.
July 23, 2019, 04:32:21 PM
President Donald Trump comment about btc has a minimal effect on the price of bitcoin I believed the decentralized feature of bitcoin was responsible for the modest action of the price which is a clear picture and indication of how bitcoin will continue to weather the storm and continue to wax stronger, obviously the price witness a temporary dump or pullback due to the negative comment which was short-lived however the price recovery was rapid while its keeps hovering above $10K is an attestation to the fact that the bullish sentiment of the price is not over.
July 23, 2019, 02:13:54 PM
It has nothing to do with Bitcoin's price.
It has everything to do with Bitcoin's price. If Bitcoin were still trading at $100, you can bet your bottom dollar the US president wouldn't be mentioning it. The head honchos are being forced to deal with Bitcoin because it simply won't go away. Not at $0.01 or $100 or $10K. They're worried what happens next.
Yeah I know that's not what you meant. My point is people are looking at this the wrong way. If you read between the lines, it's actually a really bullish sign that world leaders are being forced to address Bitcoin. As for the immediate effect, Trump tweeted that shit right in the middle of a crash so nobody should be surprised that price kept falling afterwards.
July 22, 2019, 10:06:09 PM
It has nothing to do with Bitcoin's price. Investors in BTC wouldn't exit easily just by any president's opinion about it. Bitcoin doesn't need any support from politicians so that people can accept it. Bitcoin is independent, can be supported or opposed by another individuals.
July 22, 2019, 04:51:30 PM
When he tweeted it, there was no effect on price whatsoever. There are probably other reasons for current dump, and not that tweet.
Yes, coincidence.
I guess all the crypro community agreed that he's a clown and we shouldn't take this seriously. These tweets haven't hurt the btc price.
Even before this he was. Years back he still was one.
I suppose it didn't hurt Bitcoin but instead it only gives more public awareness about cryptocurrencies and those comments seems to be beneficial to the whole crypto industry. Though I find it quite ironic since Trump believes that -
Quote
any publicity is good publicity
and he seems to add more fuel to the Bitcoin fire than killing it. I think you right, it just spread more awareness among the common folk
The fact he is scared shows how strong crypto is. I think he is against anything that is not the USD
July 22, 2019, 04:39:28 PM
I suppose it didn't hurt Bitcoin but instead it only gives more public awareness about cryptocurrencies and those comments seems to be beneficial to the whole crypto industry. Though I find it quite ironic since Trump believes that -
Quote
any publicity is good publicity
and he seems to add more fuel to the Bitcoin fire than killing it. July 22, 2019, 04:23:48 PM
I guess all the crypro community agreed that he's a clown and we shouldn't take this seriously. These tweets haven't hurt the btc price.
July 22, 2019, 02:56:11 PM
There was next to no reaction at all from Trump's comments. This is a good sign we are closer toward a fundamentally stronger ecosystem.
July 22, 2019, 02:43:29 PM
No one will consider him as a president first of all and then we have some kind of racist thoughts. He was attacking his own country people aren't people who migrated to their country.
In that scenario we cannot expect him to speak about Bitcoin positive way.
Always believe in Bitcoin and expect its market trend based upon the volume and circulation.
In that scenario we cannot expect him to speak about Bitcoin positive way.
Always believe in Bitcoin and expect its market trend based upon the volume and circulation.
July 22, 2019, 02:39:29 PM
I don't think that it is because of his tweet. To be fair enough to Trump, I don't think he really understands how Bitcoin works or he understand it and he was really threatened that Cryptocurrency will overpower the traditional way on acquiring and producing wealth.
I do not exclude that Trump himself owns a certain amount of Bitcoin, but since he has enough advisers, it is quite possible that he did not express his personal opinion. July 22, 2019, 09:22:22 AM
I don't think that it is because of his tweet. To be fair enough to Trump, I don't think he really understands how Bitcoin works or he understand it and he was really threatened that Cryptocurrency will overpower the traditional way on acquiring and producing wealth.
July 18, 2019, 02:23:59 PM
In many new sites and articles explained trumps speech about Bitcoin and cryptocurrencies are heavily impacted. But not sure how many of them seen the news about Trump in one place she was showed his racist face.
After that USA assembly rise against Trump and asking him to resign as president posting. I believe Trump is not in the situation to discuss about Bitcoin or any cryptocurrencies now he has his own burden where he done a loose talk.
After that USA assembly rise against Trump and asking him to resign as president posting. I believe Trump is not in the situation to discuss about Bitcoin or any cryptocurrencies now he has his own burden where he done a loose talk.
July 18, 2019, 01:23:01 PM
We can't expect people in their 70s and 80s to sing praises about the cryptocurrency. They will never understand the concept and the purpose behind it. We need to concentrate on the younger generation and needs to have a lot of patience. And there is no need to get disheartened over Trump's comments. Just remember the basic fact: in the end, any sort of publicity is going to benefit Bitcoin.
July 18, 2019, 02:14:03 AM
You know what I think, sometimes I believe these statements are just some mere coincidences with the normal price fluctuations of the market we're in.
The current market trend showed money was been recycled within amongst ourselves in crypto and not that much from retail mainstream. The mainstream could've caused a panic sell if they were already trooping in so I wouldn't correlate this price movement to his statements.
We those already in the game don't care about what negative thing he says. This too shall pass!! we've seen even worse than this.
The current market trend showed money was been recycled within amongst ourselves in crypto and not that much from retail mainstream. The mainstream could've caused a panic sell if they were already trooping in so I wouldn't correlate this price movement to his statements.
We those already in the game don't care about what negative thing he says. This too shall pass!! we've seen even worse than this.
July 18, 2019, 01:55:19 AM
~
I think there's no overexaggeration here. It's the one way or the other. This news is extreme. So will be the result of this in the longterm. That's my opinion. I could be wrong. My thinking is that the government will regulate crypto which is the first step for adoption.
Everything coming from Trump is an exaggeration.
If it were for his tweets we would have already seen ww6.
Yes, they declared a war! But not against bitcoin! They declared a war to the bad boys who are abusing bitcoin for illegal activities. It's just like declaring a war against criminal who is using dolar for illegal activities. You won't declare a war agains the dolar. You will declare a war against criminal and you will clean up this mess and make it legit and aceptable.
They? Who are they?
There was no message from anybody else, just a damn tweet from the Trump.
Even the Republicans themselves don't hold a solid majority in the Senate, a bill against or pro-crypto would have hundreds of hurdles to pass and we won't see anything this year.
A war against bad guys? Aren\t they already pursuing illegal activities?
Haven\t they already stopped scam ICOs, haven't they arrested people dealing in drugs with bitcoins? Already 6 years passed since SR!
July 17, 2019, 08:21:17 AM
Bitcoin is a decentralized transaction system. It has own payment system and no one can control it.
Whatever. The price is controlled.
July 17, 2019, 06:36:06 AM
#MakeAmericaGreatAgain 
July 17, 2019, 03:38:44 AM
It is very funny how many claim to be in crypto because of the technology yet they got so freaked out on every little tweets and post from non crypto users, Really? how do we expect to see adoption if we fret over every little tweets? it is very clear now that crypto is base on hearsay and not technology or people's lost over decentralization 
why do we tag btc price drop to be the effect of Trump's tweet? is this the first time btc experience a drop in price? this is ridiculous
why do we tag btc price drop to be the effect of Trump's tweet? is this the first time btc experience a drop in price? this is ridiculous
July 17, 2019, 02:44:17 AM
There is some influence after the president's recent comments but I do not think the President’s recent comments have hurt bitcoin prices very much. The president just gives his personal opinion and some people who have not proper knowledge, they react very much. Bitcoin is a decentralized transaction system. It has own payment system and no one can control it. So Bitcoin price decrease as usually.
July 17, 2019, 01:52:01 AM
I think this price action would happen even without Trump. The bull runs usually have several corrections. 40% correction in the bull btc market is very usuall. It also likes to test weekly 21 EMA line. We didn't touch that line yet.
That can be happen. Maybe there could also be an effect from Trump's statement on the bitcoin price even though it might be a little. But there were also those who took momentum of Trump's statement by selling bitcoin and realizing short-term profits. The market is indeed unpredictable and anything can be a reason for the increase or decrease in prices on the market
July 17, 2019, 01:33:30 AM
I think the Tweet it self did not have an immediate impact, but the media attention it got just catapulted it into to a whole new level. The media just love negative news and this combined with the statements that Trump made about Facebook's Libra, just triggered a downward spiral in the price.
We have to agree that the Facebook announcement about Libra was the catalyst for the last few weeks increase in the price and that negative comments from the US President would most certainly have a negative impact on the price. Let's not kid ourselves and beat around the bush... the US economy is one of the strongest economies in the world and if they start banning Crypto currencies, Bitcoin will definitely feel the impact of that on the price.
Luckily not a lot of people in the US agree with Trump's statements.
We have to agree that the Facebook announcement about Libra was the catalyst for the last few weeks increase in the price and that negative comments from the US President would most certainly have a negative impact on the price. Let's not kid ourselves and beat around the bush... the US economy is one of the strongest economies in the world and if they start banning Crypto currencies, Bitcoin will definitely feel the impact of that on the price.
Luckily not a lot of people in the US agree with Trump's statements.
July 16, 2019, 11:25:09 PM
I think this price action would happen even without Trump. The bull runs usually have several corrections. 40% correction in the bull btc market is very usuall. It also likes to test weekly 21 EMA line. We didn't touch that line yet.
i actually don't think it would have happened like this without that tweet. the tweet itself didn't cause the drop as the drop began before it and after it market had no immediate reaction. but days after, the manipulation began and the pressure was put on the market by big sells that pushed the price lower and as $10k was broken the panic also broke out mostly with stop losses.
July 16, 2019, 08:13:18 PM
I think this price action would happen even without Trump. The bull runs usually have several corrections. 40% correction in the bull btc market is very usuall. It also likes to test weekly 21 EMA line. We didn't touch that line yet.
July 16, 2019, 08:05:06 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
This morning i was asking myself about what was the factor behind this crash because bitcoin at $9500 doesn't look nice after the last bump weeks. But now that i read you commend now all have a sense... I read about those trump twits and i think they were irrelevant. but that factor and the libra in all the news should be the 'why' behind this crash.
July 16, 2019, 07:58:23 PM
Well, at least he can't build a fucking wall around bitcoin like he's doing with the Mexicans because he's not a fan of them either.
I mean, come on. Why would someone like Trump, who's always been in bed with bankers, appreciate something like bitcoin? Like Warren Buffett, he just doesn't need it--and if you've got billions of dollars in traditional investments, it makes sense that you wouldn't invest in an asset as volatile as bitcoin. Super wealthy individuals do things to protect the wealth they have more so than trying to increase it.
Also, who the hell is still reading Trump's tweets? That man should have his computer and smartphone confiscated and his lips sewn together. Lol. Can't wait for the next election.
I mean, come on. Why would someone like Trump, who's always been in bed with bankers, appreciate something like bitcoin? Like Warren Buffett, he just doesn't need it--and if you've got billions of dollars in traditional investments, it makes sense that you wouldn't invest in an asset as volatile as bitcoin. Super wealthy individuals do things to protect the wealth they have more so than trying to increase it.
Also, who the hell is still reading Trump's tweets? That man should have his computer and smartphone confiscated and his lips sewn together. Lol. Can't wait for the next election.
July 16, 2019, 07:39:52 PM
Maybe it's not Trump ?
Maybe? This after just 6 hours ago you opened a topic like this one?
Now it's an all out war : Government Vs cryptocurrencies
So, it's war or it's not?
No one is talking about today's big news? USA adopting crypto?
https://bitcointalksearch.org/topic/usa-government-adopting-crypto-5165556
https://bitcointalksearch.org/topic/usa-government-adopting-crypto-5165556
And you're going the opposite way.
For the others, Trump said he doesn't like it means war, for you a guy that despite his status holds no legislative power saying cryptos are not that ad means the US is going to adopt crypto.
It's so damn hard lately to find someone who doesn't overexaggerate things scaling everything tenfold.
I think there's no overexaggeration here. It's the one way or the other. This news is extreme. So will be the result of this in the longterm. That's my opinion. I could be wrong. My thinking is that the government will regulate crypto which is the first step for adoption. Yes, they declared a war! But not against bitcoin! They declared a war to the bad boys who are abusing bitcoin for illegal activities. It's just like declaring a war against criminal who is using dolar for illegal activities. You won't declare a war agains the dolar. You will declare a war against criminal and you will clean up this mess and make it legit and aceptable.
July 16, 2019, 07:14:18 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
He is not a fan of bitcoin because he is from the government who can not manipulate bitcoin.Government wants to manipulate cryptocurrency but sad to say they can not do that.well while trump said this it has a big impact into crypto market.obviously after the message of trump about crypto bitcoin suddenly goes down.but to those who believe in bitcoin dont mind trump let still choose bitcoin and crypto to do most popular currency in the maret.donald trump can not do anything in crypto as long as we enjoy using bitcoin.still now theres a big impact into bitcoin of what trump said.but as you can see bitcoin user will still be there and never be lose.
July 16, 2019, 06:24:19 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
For me I believe nothing negative effect the comment president of united states of america he hate bitcoin, because should as bitcoiners the importance and how bitcoin future become successful as new form of money. The current price dump I think and I am sure not because of the trump comment is part of the volality fluctuations.
July 16, 2019, 05:54:50 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
The crash began the day before he tweeted anything. Maybe it encouraged some more people to sell, but it looks like the wheels were already in motion. Easy come, easy go -- that's the way I see it. Price was literally in the $7,000s last month.
I agree with the attitude that it's actually a very bullish long term sign. 5 years ago, could you have imagined the US President discussing Bitcoin? And the Treasury Secretary holding White House press conferences about it? It doesn't matter what their opinions are -- Bitcoin clearly isn't going anywhere. It's only going to get bigger.
I agree with that, the current dump is just a temporary reaction from weak people and was also taken advantage by the whales.
I'm seeing at the big picture here like the future and it doesn't matter if there will be dump to come as I know the market can survive.
At this time, bitcoin is already trading below $10,000,$9500 to be exact.
July 16, 2019, 05:50:23 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
The crash began the day before he tweeted anything. Maybe it encouraged some more people to sell, but it looks like the wheels were already in motion. Easy come, easy go -- that's the way I see it. Price was literally in the $7,000s last month.
I agree with the attitude that it's actually a very bullish long term sign. 5 years ago, could you have imagined the US President discussing Bitcoin? And the Treasury Secretary holding White House press conferences about it? It doesn't matter what their opinions are -- Bitcoin clearly isn't going anywhere. It's only going to get bigger.
July 16, 2019, 10:58:08 AM
I think that Trump's reaction was pretty much helpful as he advertised Btc for free.
It's a known fact that governments do not like crypto as they cannot control it.
It's a known fact that governments do not like crypto as they cannot control it.
July 16, 2019, 10:05:14 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
Just a fud. I do not think it is the main reason for sudden dump of bitcoin's price. There is another reason behind it. Maybe the huge sell off of a particular bitcoin whale. But for me , this is just a natural reaction of the market. The recovery and the correction stage before another bitcoin's huge spike will happen. And not with the negative statement of the President Trump. It's nothing to do about it.
July 16, 2019, 03:31:39 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
Trump criticizes bitcoin, Libra and other cryptocurrency through his Twitter social media account. He stated that cryptocurrency is not a currency, and the official US currency is dollars. He also called Libra must have a foundation. If Facebook wants to become a bank they must obtain a bank license and be subject to banking rules. Sharp criticism made by President of the United States (US) Donald Trump of the Facebook crypto currency, Libra has a negative impact on the development of other digital currency stocks. From the monitoring of the CoinDesk site, the price of bitcoin is currently relatively stable, there tends to be an increase. When this news was written, the price of bitcoin against the dollar reached 11,643.30 US dollars. This is enough to prove that Trump's criticism has not been able to destabilize blockchain investors, which has caused the price of bitcoin to decline. Until this news was written, both Facebook and the White House still did not comment.
July 16, 2019, 03:20:45 AM
if you look at the events of the past couple of days only in the market (looking at charts) ever since that tweet came out you can clearly see that the tweet itself had no effect on bitcoin price whatsoever but when you start looking at the social media you can see that people have been going crazy over it and many of them have been trying to link it to the price each expecting a different result. many considered it to be a bullish signal and many considered it a panic causing thing that can start a drop. it did neither. although I think it was a positive sign that is proving bitcoin's growth and the fact that it is growing so much that is now being noticed. they no longer can ignore it.
July 16, 2019, 02:37:05 AM
Maybe it's not Trump ?
Maybe? This after just 6 hours ago you opened a topic like this one?
Now it's an all out war : Government Vs cryptocurrencies
So, it's war or it's not?
No one is talking about today's big news? USA adopting crypto?
https://bitcointalksearch.org/topic/usa-government-adopting-crypto-5165556
https://bitcointalksearch.org/topic/usa-government-adopting-crypto-5165556
And you're going the opposite way.
For the others, Trump said he doesn't like it means war, for you a guy that despite his status holds no legislative power saying cryptos are not that ad means the US is going to adopt crypto.
It's so damn hard lately to find someone who doesn't overexaggerate things scaling everything tenfold.
July 16, 2019, 01:57:21 AM
My opinion - the words of the president did not hurt in any way, but on the contrary, his words made an advertisement for Bitcoin and cryptocurrency!
July 15, 2019, 10:04:31 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
I do think his comments slightly affect the bitcoin market (most probably the small investors). But as of moment, the value of btc is up by around 7% from yesterday. The small investors are the mostly affected by this comments of Trump because it might put some questions in their minds.
But for the whales and big investors, Trump's statement about bitcoin and other crypto is just a mere opinion. These whales know what they are doing (considering they're crypto experts), and that there's nothing to fear about what Trump has said.
Also, bitcoin is expected to make another leap in value IF Facebook's crypto survives congress hearings.
(https://www.coindesk.com/bitcoins-price-could-rise-if-facebooks-crypto-survives-congress-hearings)
July 15, 2019, 09:38:37 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
And do you think that hovering of Bitcoin over $10,000 is an effect of the announcement of the clueless Trump? It was not. It was simply a little retracement. And look at Bitcoin now, just a couple of days from that statement. We are now climbing back to $11,000. Fresh from that statement, we could get $12,000 very shortly.
Your question should not have started with "how much". Or it is enough to strike it through. Or better yet replace it with "Do we care..."
July 15, 2019, 09:21:14 PM
Donald trump only loves to be part of the news, and cameras, he loves this thing that his dump face appears on google every time, every second. and I am sure no one cares his dump statements regarding bitcoin or another crypto, I believe crypto is the future.
are you mean he prepare to elections on 2020?when he make use of Bitcoin for his elections and to make popular him self, he should make positive statement about bitcoin, then public will be know who has good criteria to next 2020 also have about future and knowledge.
July 15, 2019, 08:51:54 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
Just a fud. I do not think it is the main reason for sudden dump of bitcoin's price. There is another reason behind it. Maybe the huge sell off of a particular bitcoin whale. But for me , this is just a natural reaction of the market. The recovery and the correction stage before another bitcoin's huge spike will happen. And not with the negative statement of the President Trump. It's nothing to do about it.
July 15, 2019, 06:47:36 PM
No one is talking about today's big news? USA adopting crypto?
https://bitcointalksearch.org/topic/usa-government-adopting-crypto-5165556
https://bitcointalksearch.org/topic/usa-government-adopting-crypto-5165556
July 15, 2019, 04:34:36 PM
I think Trump's tweets mean little in regards to the price of Bitcoin. BTC has risen significantly over the last few months, and it's only natural for the price to correct a little. As to him saying that the USD is doing well, and that it's better than ever (I'm paraphrasing)....we all know that is a literal crock of s***, when in reality, many countries are pulling away from the Petro Dollar. The inflationary aspect of the USD is appalling. I say this as a US citizen.
July 15, 2019, 04:31:28 PM
I think President Trump's comments have brought Bitcoin into the minds of a much larger audience. Since he is the most popular Tweeter in the world whatever he Tweets reaches a whole lot of people. He only tweeted a few things too yet it is significant. At the same time, he takes a very old school slant on all of this new technology. Before we even know it, everything we ever knew will be tied to this new technology. This technology is way bigger than Trump. He should adapt a better stance about Bitcoin, for the people of the United States and for everyone and everything all around the world.
In that case it would create a Streisand effect, perhaps he is a secret supporter and that was his plan all along (or he wanted to buy some bitcoin cheap).
July 15, 2019, 04:22:16 PM
I do not think the price drop was due to Trump's tweet. Maybe if somebody was late. But, the possibility is very low.
The price has come close to 10k before that and it is not guaranteed that it will not happen in the future. In this regard the greed of whales is more likely.
We can call this "the usual crypto volatility".
The price has come close to 10k before that and it is not guaranteed that it will not happen in the future. In this regard the greed of whales is more likely.
We can call this "the usual crypto volatility".
July 15, 2019, 03:43:48 PM
The effect is neutral to zilch. Did anyone expect them to say anything else? The message all along has been very consistent and the latest White House press conference has been more of the same - it's risky, let's keep up the regulatory stuff, don't be naughty.
July 15, 2019, 03:40:21 PM
2,000 USD price drop. Nothing much. Tether still has 300million to pump overtime without having to print more.
July 15, 2019, 03:07:29 PM
I think President Trump's comments have brought Bitcoin into the minds of a much larger audience. Since he is the most popular Tweeter in the world whatever he Tweets reaches a whole lot of people. He only tweeted a few things too yet it is significant. At the same time, he takes a very old school slant on all of this new technology. Before we even know it, everything we ever knew will be tied to this new technology. This technology is way bigger than Trump. He should adapt a better stance about Bitcoin, for the people of the United States and for everyone and everything all around the world.
July 15, 2019, 03:03:29 PM
People ordinarily don't care what the president says, but traders will respond by selling and coming back to buy the dip. We all know the president is a billionaire and cares more about the dollar though which is part of his responsibility.
July 15, 2019, 12:59:55 PM
Not much damage i think. It's even good for a longterm!
Check out this funny twitter responses to Donald Trump's tweets about bitcoin.
https://bitcointalksearch.org/topic/m.51836026
Check out this funny twitter responses to Donald Trump's tweets about bitcoin.
https://bitcointalksearch.org/topic/m.51836026
July 15, 2019, 11:55:28 AM
From my view till date it isn't assured whether the comments from the president has caused any form of hurt to it or any praising. In simple terms what has happend is just a time to realize and the tweet has helped lot of people to have an eye over bitcoin which he could've never heard before.
July 15, 2019, 12:11:48 PM
There are some people saying that investors from financial institutions already entered the cryptocurrency market. When Trump tweeted, maybe they saw it as a warning and sold their bitcoins. It's a possible scenario.
July 15, 2019, 11:59:38 AM
When he tweeted it, there was no effect on price whatsoever. There are probably other reasons for current dump, and not that tweet.
Ofcourse it won’t effect immediately because that is domino effect.The impact took days before we finally feel in our folio.but Bitcoin is struggling now to come back to $11,000 now so I think the Hurt that you are asking is just temporary and will be gone soon
July 15, 2019, 11:52:46 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
These sort of correction are temporary and the price was rallying for a long time and this is not a big obstacle and remember the price of bitcoin rallied 200% this year alone and $10k is not a small amount and i never expected the market to recover and rally like this in the first place and so the price right now is high for everyone to purchase an entire bitcoin. The market will rally again and with halving coming up and since i am a bitcoin enthusiast there is no doubt that the price of bitcoin will break the all time high valuation in the coming year Bitcoin is currently hovering just over $10000.
. July 15, 2019, 11:40:05 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
Heh, well I'm not a fan of Trump either
You know what, this is actually good. Can you imagine what would have happened if Trump said he loved Bitcoin? He is old and rich, old and rich people tend to think alike. Don't look at the past, look at the future. Look at Elon Musk not Buffet or Trump...
July 15, 2019, 11:33:19 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
Why we need to take his statement in a negative way? In my opinion, any sort of publicity is good for an emerging currency such as Bitcoin. And in this incident, the president of the United States has acknowledged the existence of Bitcoin. Can we ask for anything better? I don't know how much impact can his statement have on the prices. But we just got a huge amount of free advertising.
July 15, 2019, 10:08:12 AM
the magnitude of the president's influence from the number 1 country in the world. by tweeting like that the impact is very big on the current market situation. I feel sad, bro. hopefully the impact is only temporary.
July 15, 2019, 10:57:38 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
it is his opinion, people should not panic because of this, if they enter panic because of this, it shows that they should not be in that market. If somebody goes the fight must be prepared for everything that happens. What becomes ridiculous in the crypto world is to see people today saying: "bitcoin is strong, will bring freedom, I believe in bitcoin" and when they read some twitter donald trump do these people panic? this is disgraceful
Bitcoin is currently hovering just over $10000.
it's a normal fall
July 15, 2019, 10:01:13 AM
I don't think the market reacts that much on such comments from public figures, even if it's Trump.
That said, if those comments contain some indication towards future regulatory aspects, then I would suspect the market reacting negatively.
Public figures say stuff for and against Bitcoin all the time, happens way too frequently to have any effect IMO.
I could be wrong though.
That said, if those comments contain some indication towards future regulatory aspects, then I would suspect the market reacting negatively.
Public figures say stuff for and against Bitcoin all the time, happens way too frequently to have any effect IMO.
I could be wrong though.
July 15, 2019, 08:47:27 AM
Donald trump only loves to be part of the news, and cameras, he loves this thing that his dump face appears on google every time, every second. and I am sure no one cares his dump statements regarding bitcoin or another crypto, I believe crypto is the future.
July 15, 2019, 08:35:19 AM
i wouldn't worry about it or even connect any market activities to it as long as bitcoin is doing what it was doing before this tweet even came out. and that was to fluctuate between $10k and $13k in this $3000 range as the $13k is becoming the resistance that was tried twice already and remains unbroken and $10k has become this strong buy support that is tested 3 times already and remains unbroken.
with or without this tweet we would have been in the same place, maybe a little less fear in the market, that's all.
with or without this tweet we would have been in the same place, maybe a little less fear in the market, that's all.
July 15, 2019, 08:35:04 AM
I believe that's not related to him at all. Everybody knows why he is just ignoring cryptocurrencies...
We all know why he actually ignore cryptocurrency but there's nothing he can do to stop the cryptocurrency. Either cryptocurrency is backed by tin air or not we don't care, but come to think about this, "what about the US dollars? ". They USA will come to the business but maybe too late for them to embrace the technology, but definitely they will do. July 15, 2019, 08:34:12 AM
President's tweeting about bitcoin will have a effect definitely, but it will be just short term. So no worries and don't be bother by the sudden dip. I would say it's normal to see some personalities attack bitcoin and causing the price to go down, but it wouldn't last that long. Probably by the end of the week we're back to $11k-$12k.
I would not be so sure, because the leader of one of the biggest economies in the world critisizing a crypto currency can and will have a certain impact on the value. No doubt about it. Might scare pootential buyers away for good.
Rob / https://www.tjekbil.dk/
July 15, 2019, 08:22:20 AM
The tweet about Trump on Bitcoin didn't reach to me until now only meams that it wasn't really news worthy at all. It didn't cause any kind of FUD in the market since Trump is not what a lot of people follow in the internet especially when he have created a whole lot of controversy when he banned and then unban Huawei phones in the U.S. market. Bottomline is his tweet is meaningless and BTC correcting is bound to happen after a few weeks of a good bull run.
July 15, 2019, 08:19:04 AM
Nothing, really, and if anything, the price reached a peak of $11700 that day he tweeted that, and a day after, that's when the price went down. There could be other factors to the drop in price but it's certainly not Trump's tweet of dislike regarding bitcoin. Jamie Dimon has been constantly shitting about bitcoin on 2018 but no significant price crashes happened. Instead, price remained stagnant until the miracle pump of April 1, 2019 and the rest is history. A simple tweet won't do much at this day and age, though it can still sweep market sentiments but perhaps not to the point that the change would be drastic and noticeable, IMO.
July 15, 2019, 07:49:36 AM
I don't think they have influenced it a lot. I believe most of the crypto supporters don't take such statements for real.Trump is famous from it's disapproval for everything, alongside with his usual lack of knowledge about the subject which is the target od his hate.
July 15, 2019, 07:46:34 AM
Trump's tweet doesn't really affect nor hurt bitcoin. As you can see, there's a lot of thread about his tweet yet everyone didn't really cared much and didn't get swayed to what he said. The loss didn't really caused from his tweet though it became an issue here.
That's exactly what you're saying , since we know already that U.S.A is not in favor of bitcoin and so with Donald Trump , so practically investors and bitcoin enthusiast would not affect on what His stands about crypto currency .
July 15, 2019, 07:16:32 AM
I believe that's not related to him at all. Everybody knows why he is just ignoring cryptocurrencies...
July 15, 2019, 07:15:45 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Before we here that useless comment, the price if Bitcoin is already dumping so i don’t see this one as a big recent of the current down on the price of Bitcoin. We know Trump always hate everything that hurts the economy of US well, bitcoin is indeed a big threat and that’s why he did that. I see this down as a temporary try to buy bitcoin now while its cheap. Bitcoin is currently hovering just over $10000.
July 15, 2019, 07:07:04 AM
not even a little bit.
it is pretty simple, if it was supposed to hurt bitcoin price, it would have done it the moment this tweet came out and the social media went nuts about it and everyone was discussing this tweet all over the internet not 2 days later!
not to mention that it should be a positive thing for bitcoin. basically we created a decentralized currency that they could not control and they are now scared of it. that means we were successful and should celebrate...
it is pretty simple, if it was supposed to hurt bitcoin price, it would have done it the moment this tweet came out and the social media went nuts about it and everyone was discussing this tweet all over the internet not 2 days later!
not to mention that it should be a positive thing for bitcoin. basically we created a decentralized currency that they could not control and they are now scared of it. that means we were successful and should celebrate...
July 15, 2019, 06:13:15 AM
President's tweeting about bitcoin will have a effect definitely, but it will be just short term. So no worries and don't be bother by the sudden dip. I would say it's normal to see some personalities attack bitcoin and causing the price to go down, but it wouldn't last that long. Probably by the end of the week we're back to $11k-$12k.
July 15, 2019, 06:10:08 AM
When he tweeted it, there was no effect on price whatsoever. There are probably other reasons for current dump, and not that tweet.
I hope there is but I guess that tweet could be the reason, it just didn't effect immediately.
We should get used to the market trends, that's how it move and believe me, the correction will be over soon and tomorrow when we wake up bitcoin will already start to climb back to $11K then $12K. I've seen this many times, no one can make bitcoin down permanently.
legendary
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July 15, 2019, 06:07:04 AM
Come on, who take Trump's words (especially tweets) seriously? Thought we all considered them a joke, I was kinda hopefully bitcoin rising this week so we can finally conclude people tend to do the opposite of what Trump says lol.
/humor
Anyway, I believe the price movement had a little bit of effect from the tweet as we all know what the main reason behind that tweet was, it was intended to create FUD and kill what ever hopes the US citizen had left in regards to the government showing some positive signs towards bitcoin. Libra (Facebook coin) on the other hand didn't help matters instead it angered the government the more because they got threatened by the power Facebook will have if they success with the project.
We can't denied the community is still been influenced by emotions although not as before and while the market was waiting for something to motivate investors, the FUD from the tweet came into effect and triggered the market reaction that's why I said the tweet had a little bit of effect.
.
/humor
Anyway, I believe the price movement had a little bit of effect from the tweet as we all know what the main reason behind that tweet was, it was intended to create FUD and kill what ever hopes the US citizen had left in regards to the government showing some positive signs towards bitcoin. Libra (Facebook coin) on the other hand didn't help matters instead it angered the government the more because they got threatened by the power Facebook will have if they success with the project.
We can't denied the community is still been influenced by emotions although not as before and while the market was waiting for something to motivate investors, the FUD from the tweet came into effect and triggered the market reaction that's why I said the tweet had a little bit of effect.
.
July 15, 2019, 05:22:50 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
While we know that the USA is waning in many areas especially economically, militarily and in influencing other well-known world leaders, it is still a formidable force for now and any comment coming from the one holding office in White House can have ramifications minor or major on anything. I am glad that the marketplace is not making a big deal though with Trump's sentiment on Bitcoin and cryptocurrency but I am sure this can have a long-term effect on the industry much more so if he can be reelected next year. Now, Trump's comment is not yet the official policy of the government on this matter as we know that the current President can be saying almost anything and then just forget it later. What is to me is weightier are comments maybe coming the SEC Chairman or any law that can be passed by the Congress in respect to cryptocurrency.
July 15, 2019, 02:47:52 AM
Trump's tweet doesn't really affect nor hurt bitcoin. As you can see, there's a lot of thread about his tweet yet everyone didn't really cared much and didn't get swayed to what he said. The loss didn't really caused from his tweet though it became an issue here.
July 14, 2019, 11:17:15 PM
It has seen a 12% loss from the initial Maximum but one should understand that at the same time there are other two major Altcoins that are seeing a huge amount of loss.
1.Etherum
2.XRP
Now we have trading pairs , etherum is very famous already , therefore I do think that is market loss is because of them going down not because of the tweets .
1.Etherum
2.XRP
Now we have trading pairs , etherum is very famous already , therefore I do think that is market loss is because of them going down not because of the tweets .
like always these altcoins among hundreds of others dropped "AFTER" bitcoin price went down which is yet another indication that altcoins get dumped whenever bitcoin price goes down.
what you said about bitcoin price going down because of these coins would have been correct if they dropped first and then bitcoin followed which obviously is not the case if you put bitcoin chart on top of each of these coins charts and check the timing of the drops with seconds accuracy.
July 14, 2019, 11:01:39 PM
What's curious about it is that it didn't have any immediate effects unlike other events which did in fact affect the prices significantly (like China shutting down exchanges, for example). The market reacts fairly quickly, so based on the timing, I'd say that his tweet has very little, if anything, to do with this.
Then again, his tweets have been observed to affect stock prices, and Bitcoin might not be immune to the phenomenon. If that's the case, the bright side is that it hasn't caused any lingering effects to those involved.
Then again, his tweets have been observed to affect stock prices, and Bitcoin might not be immune to the phenomenon. If that's the case, the bright side is that it hasn't caused any lingering effects to those involved.
July 14, 2019, 10:53:07 PM
Maybe it's not Trump ?
It has seen a 12% loss from the initial Maximum but one should understand that at the same time there are other two major Altcoins that are seeing a huge amount of loss.
1.Etherum
2.XRP
Now we have trading pairs , etherum is very famous already , therefore I do think that is market loss is because of them going down not because of the tweets .
Even if the tweets worked they would just account for just 1-2% .
Also there is this draft Being proposed asking all the major companies to stay away from the digital Money .
These two are a major factor ..
It has seen a 12% loss from the initial Maximum but one should understand that at the same time there are other two major Altcoins that are seeing a huge amount of loss.
1.Etherum
2.XRP
Now we have trading pairs , etherum is very famous already , therefore I do think that is market loss is because of them going down not because of the tweets .
Even if the tweets worked they would just account for just 1-2% .
Also there is this draft Being proposed asking all the major companies to stay away from the digital Money .
These two are a major factor ..
July 14, 2019, 10:29:31 PM
0.
I think NYGA sueing Tether/Bitfinex and the drawing near deadline affect most.
Those alts which ware pumped by usdt most would dump most at this moment.
In the meantime usdt only makes up a relatively smaller percentage of BTC buying so BTC would dump the least.
I think NYGA sueing Tether/Bitfinex and the drawing near deadline affect most.
Those alts which ware pumped by usdt most would dump most at this moment.
In the meantime usdt only makes up a relatively smaller percentage of BTC buying so BTC would dump the least.
July 14, 2019, 10:28:36 PM
When he tweeted it, there was no effect on price whatsoever. There are probably other reasons for current dump, and not that tweet.
July 14, 2019, 10:10:00 PM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.
Bitcoin is currently hovering just over $10000.
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