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Topic: If compromise in dept ceiling issue is found, what does it mean for BTC price? (Read 1052 times)

legendary
Activity: 2044
Merit: 1005
buy the rumour and buy the news
sr. member
Activity: 448
Merit: 250
Um, compromise in debt ceiling issue means USG will continue spending too much money (and of course Fed will continue printing the dollars to support that habit.) More dollars = bearish for dollar. Bearish for dollar = bullish for bitcoin.

So, little bit increase, as per usual.
legendary
Activity: 1512
Merit: 1005
No effect for now, but as all publicity is bad publicity (talking about dollar/bonds here Smiley), we will see the upward pressure on bitcoin in a couple of months.

First rule about currency wars: You don't talk about currency wars (free after IMF spokesperson).
sr. member
Activity: 413
Merit: 250
I doubt this has any effect on BTC price
sr. member
Activity: 434
Merit: 250
Of course before the current dead line of October 17th. Roll Eyes

Nothing happen, just that USD won't crash.
sr. member
Activity: 490
Merit: 250
Of course before the current dead line of October 17th. Roll Eyes

Nothing will change.  BTC market will remain the same.
legendary
Activity: 1022
Merit: 1000
Of course before the current dead line of October 17th. Roll Eyes
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