So btc dropped because the hillary clinton campaign is against it?

cryptasm

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Quote from: fatima zuhra on October 20, 2016, 10:02:12 AM

i do not think so that bitcoin is such a week currency that it can be effect bye just a campaign again its bitcoin is a universal currency and hillary Clinton is not a universal leader, therefor no need to worry about her campaign against bitcoin,

I dont think bitcoin itself is at risk, its just fear that made it drop.
Just signals traders used to profit from it.

fatima zuhra

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i do not think so that bitcoin is such a week currency that it can be effect bye just a campaign again its bitcoin is a universal currency and hillary Clinton is not a universal leader, therefor no need to worry about her campaign against bitcoin,

pissedoff

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Quote from: freshman777 on October 20, 2016, 07:15:16 AM

Quote from: Ayle56 on October 19, 2016, 06:34:23 PM

it's too late for the Clinton’s opinion of Bitcoin to make it do a policy U-turn.

Not too late to start WWIII though if she wins. In which case Bitcoin is dead, among other things.

The $10 drop yesterday is probably related to ECB telling EU regulators to tighten up control over cryptocurrency and congestion in the Bitcoin network with 20K transactions pending unconfirmed.

Its highly probable that a big chunk of the selling was caused due to the huge number of transactions in the pending unconfirmed list.

freshman777

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Quote from: Ayle56 on October 19, 2016, 06:34:23 PM

it's too late for the Clinton’s opinion of Bitcoin to make it do a policy U-turn.

Not too late to start WWIII though if she wins. In which case Bitcoin is dead, among other things.

The $10 drop yesterday is probably related to ECB telling EU regulators to tighten up control over cryptocurrency and congestion in the Bitcoin network with 20K transactions pending unconfirmed.

pissedoff

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Quote from: Red-Apple on October 20, 2016, 06:36:00 AM

Quote from: Taki on October 20, 2016, 06:14:00 AM

I doubt that Clinton and her campaign can affect on bitcoin somehow, same as Trump and his campaign. I don't know reasons why Clinton is against bitcoin. But I know that politic hasn't any effect on bitcoin. Bitcoin's price created only from it's popularity. I even didn't notice that the price gone down. This days it seems frozen on the level a bit higher than 600$. Maybe just bitcoin buying became lower for a moment and that provoked the price to go down.

i also doubt that in this case hilary or donald had anything to do with the price changes which are really small. but also you should know that bitcoin price sometimes changes in ways that you never expect and the market sometimes is affected by some news that seems ridiculous at first.

I agree with you. If the bitcoin market price changed because of hillary or trump it wouldn't be a few dollars.

Red-Apple

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Quote from: Taki on October 20, 2016, 06:14:00 AM

I doubt that Clinton and her campaign can affect on bitcoin somehow, same as Trump and his campaign. I don't know reasons why Clinton is against bitcoin. But I know that politic hasn't any effect on bitcoin. Bitcoin's price created only from it's popularity. I even didn't notice that the price gone down. This days it seems frozen on the level a bit higher than 600$. Maybe just bitcoin buying became lower for a moment and that provoked the price to go down.

i also doubt that in this case hilary or donald had anything to do with the price changes which are really small. but also you should know that bitcoin price sometimes changes in ways that you never expect and the market sometimes is affected by some news that seems ridiculous at first.

daneranon89

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I do not think so. Bitcoin price has some influence by politics and I am not saying it doesn't. But I don't think BTC price dropped because the Hillary Clinton campaign is against it. The correction in price can be just another market activity. Bitcoin gained some when Chinese Yuan depreciated, and now some traders must have booked profit which brought the price down.

arseaboy

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I think Hillary's camp has nothing to do with the dropped of bitcoin.. if they already have an idea about bitcoin I think they will not be against it because there are a lot of opportunities to invest in bitcoin.

Taki

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I doubt that Clinton and her campaign can affect on bitcoin somehow, same as Trump and his campaign. I don't know reasons why Clinton is against bitcoin. But I know that politic hasn't any effect on bitcoin. Bitcoin's price created only from it's popularity. I even didn't notice that the price gone down. This days it seems frozen on the level a bit higher than 600$. Maybe just bitcoin buying became lower for a moment and that provoked the price to go down.

BTCLovingDude

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Quote from: 1Referee on October 20, 2016, 04:28:57 AM

It's funny how this comes up as reason in your head. It's just the regular whale play that gets the price to go up and down a few bucks. Don't always look for reasons.

exactly this, especially the last part. i have given up on finding a reason for every single rise and fall as long as they are smaller than $20 change. that is just normal changes of bitcoin price.

besides bitcoin price is $631 right now and i don't know why OP is saying drop anyways.

1Referee

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It's funny how this comes up as reason in your head. It's just the regular whale play that gets the price to go up and down a few bucks. Don't always look for reasons.

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Quote from: BitcoinNewsMagazine on October 19, 2016, 08:11:32 PM

No, there is some tension and uncertainty once again as interests are pushing for a hard fork to BU.

Yes but this is again just the small group making some noise.
I don't see this as a real threat.SegWit will come and be activated.I have no doubt about that.
Regarding Clinton I don' t think this news had any influence on the price as well. The same with the ECB news.
Mostly the market decided to go down a bit as no further pushing happend after that small bump.

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Quote from: Junko on October 19, 2016, 08:17:49 PM

Trump is committed to preserving Internet freedom for the American people and citizens all over the world. He believes the U.S. should not turn control of the Internet over to the United Nations and the international community which is what Obama wants to do. Hillary would be a continuation of Obama's presidency. How that would affect Bitcoin exactly, I'm not sure. But I doubt the Globalists would be for bitcoin as they can't control it, though if they could control the internets however...

Truth, bitcoin hasn't went anywhere in today's events. Just stable. Trump won and that's the end of it.

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Quote from: cryptasm on October 19, 2016, 03:48:36 PM

Or does anyone know other reasons why it dropped today?

I dont know whats the reason of bitcoins price decrease as of the moment. I have no idea regarding on hillary clinton campaign because as far as i know they would really not give such impact on bitcoins price for sure. Maybe traders and bitcoin holders already sold their bitcoin on $640 - for sure.

~Bitcoin~

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I think Trump should win this election however clinton is getting lots of support recently and if she will not support bitcoin when she get elected it is sure that lots of billionaire from US will force her to rethink about her steps as billionaire loves bitcoin and its easy for them to manipulate price and earn big profit constantly due to low marketcap bitcoin have.

Junko

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Trump is committed to preserving Internet freedom for the American people and citizens all over the world. He believes the U.S. should not turn control of the Internet over to the United Nations and the international community which is what Obama wants to do. Hillary would be a continuation of Obama's presidency. How that would affect Bitcoin exactly, I'm not sure. But I doubt the Globalists would be for bitcoin as they can't control it, though if they could control the internets however...

cryptasm

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Quote from: BitcoinNewsMagazine on October 19, 2016, 08:11:32 PM

No, there is some tension and uncertainty once again as interests are pushing for a hard fork to BU.

Thats a good point I also read about that
but i think people in bitcoin have way moe greed and fear than other markets=P

Shiroslullaby

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Yeah I guarantee 99.99% of the people watching the debate tonight have never even heard of Bitcoin.
It took me like an hour to explain Bitcoin to my father and he still has no idea how it works other than its "internet money".

It's going to be another president or two before most of the people voting know about cryptocurrencies and the candidates stance on the issue makes a difference.
I guarantee that they got that Ven letter and Hilary said "what the fuck is Bitcoin?"

BitcoinNewsMagazine

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No, there is some tension and uncertainty once again as interests are pushing for a hard fork to BU.

cryptasm

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Quote from: chesthing on October 19, 2016, 07:26:54 PM

I want Trump to win, the entertainment coming from that would be epic. Who knows, maybe Melania could be the next president when all is in ashes - it would be poetic.

I think it would also push the btc price alot if he wants to operate businesses within the us people must feel like their freedom is stolen
(or something like tha lol)

cryptasm

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Quote from: European Central Bank on October 19, 2016, 06:47:12 PM

how many average Chinese whales care in the slightest who Hillary Clinton is or what she does or doesn't like?

the price dropped because there were more sellers than buyers at the original price. that's all the explanation anyone needs.

the bitcoin reddit was full of it and yea something like a stupid post makes btc crash that much unfortunately

iv4n

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I don`t think that Hillary have anything with current drop. Politics cant affect price that much, and that is campaign. She is not a president yet, as we know she can easily lose.
Thread from today say that this is last drop before price increase on 700 dollars, there is a chance that this little drop it`s really just warming up for some high jump. Thread no.2 has some pictures from 4 years ago, price movement in October and November, if there is a bit truth that history repeating then we gona have interesting winter.

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I want Trump to win, the entertainment coming from that would be epic. Who knows, maybe Melania could be the next president when all is in ashes - it would be poetic.

Ayle56

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Quote from: European Central Bank on October 19, 2016, 06:47:12 PM

how many average Chinese whales care in the slightest who Hillary Clinton is or what she does or doesn't like?

the price dropped because there were more sellers than buyers at the original price. that's all the explanation anyone needs.

It's only down by $10, it's got to go down further than that before it starts testing the support levels that were resistance levels less than two weeks ago. This is a small correction from the price rises over the last month. In late September it was still below $600.

European Central Bank

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how many average Chinese whales care in the slightest who Hillary Clinton is or what she does or doesn't like?

the price dropped because there were more sellers than buyers at the original price. that's all the explanation anyone needs.

cryptasm

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Quote from: Ayle56 on October 19, 2016, 06:34:23 PM

Quote from: Shiroslullaby on October 19, 2016, 04:13:30 PM

I haven't heard anything from either one of the candidates about Bitcoin.

WikiLeaks posted some hacked emails from the Clinton campaign that say the Clinton’s are being advised by Stan Stalnaker (a Ven promoter) that Bitcoin is not as good as Ven.

The US government can't be too harsh on Bitcoin since it auctioned the Silk Road coins, it's too late for the Clinton’s opinion of Bitcoin to make it do a policy U-turn.

http://www.financemagnates.com/cryptocurrency/education-centre/clinton-campaign-wants-cryptocurrency-without-bitcoins-liberty-focus/

Quote

Newly leaked Clinton correspondence from WikiLeaks shows that her campaign saw the benefits of cryptocurrency but had antipathy towards Bitcoin.

snip

The Ven promoter (Stan Stalnaker) wanted Clinton’s campaign to use Ven to enable single click micro-payments and other fundraising activities for the campaign. “As we discussed, Bitcoin is being used on the Republican side and could be a useful tool, but we think Ven is a better choice for your campaign due to its environmental benefits, identity metrics and closed loop status.”

So we actually are hoping for a trump win in the bitcoin community if you look at it this way Tongue

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Quote from: Shiroslullaby on October 19, 2016, 04:13:30 PM

I haven't heard anything from either one of the candidates about Bitcoin.

WikiLeaks posted some hacked emails from the Clinton campaign that say the Clinton’s are being advised by Stan Stalnaker (a Ven promoter) that Bitcoin is not as good as Ven.

The US government can't be too harsh on Bitcoin since it auctioned the Silk Road coins, it's too late for the Clinton’s opinion of Bitcoin to make it do a policy U-turn.

http://www.financemagnates.com/cryptocurrency/education-centre/clinton-campaign-wants-cryptocurrency-without-bitcoins-liberty-focus/

Quote

Newly leaked Clinton correspondence from WikiLeaks shows that her campaign saw the benefits of cryptocurrency but had antipathy towards Bitcoin.

snip

The Ven promoter (Stan Stalnaker) wanted Clinton’s campaign to use Ven to enable single click micro-payments and other fundraising activities for the campaign. “As we discussed, Bitcoin is being used on the Republican side and could be a useful tool, but we think Ven is a better choice for your campaign due to its environmental benefits, identity metrics and closed loop status.”

Shiroslullaby

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I haven't heard anything from either one of the candidates about Bitcoin.

It would be a great question to ask if you were chosen to participate in one of the debate audiences.
We actually need to hear more from both of them regarding their plans on technology/ the internet, and payment systems like Bitcoin tie into that discussion.

cryptasm

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Or does anyone know other reasons why it dropped today?

Topic: So btc dropped because the hillary clinton campaign is against it? (Read 1564 times)