Trump doesn't control the price just like anyone else.
Don't try to connect everything to BTC price movement because not everything have effect on crypto price.
Topic: Trump gets Covid and we Crash? (Read 914 times)
Like holy hell what a ride the past day has been with the bitmex stuff and now the POTUS getting covid with the first lady (they say) Everything is taking a dump.
Buy the dips though.
Buy the dips though.
Actually we didn't see that much of a dip as it was expected, both in the stock markets as well as the crypto currency markets. Maybe the markets have stopped reacting to corona virus now as it has been there for almost half a year. It's like the market has adopted to the virus.
The price fell and pumped during the pandemic.
Saying that, I don't think that we can actually see a correlation to these two since an economy and the stock market could be affected but Bitcoin and other cryptocurrencies are different. Going to the topic, I don't even think that the President and the first lady would be a cause of a dump as there are a lot of things that happened and I know for sure that this is just coincidence.
Like holy hell what a ride the past day has been with the bitmex stuff and now the POTUS getting covid with the first lady (they say) Everything is taking a dump.
Buy the dips though.
Buy the dips though.
Actually we didn't see that much of a dip as it was expected, both in the stock markets as well as the crypto currency markets. Maybe the markets have stopped reacting to corona virus now as it has been there for almost half a year. It's like the market has adopted to the virus.
I am not really sure if the positive Covid test of Trump to make Bitcoin price drops or bearish on the crypto market. The Crypto market isn't owned by US government or Bitcoin price never follows US regulations. Moreover, traders or investors come from around the world, not only from the US. So, how can it make impacts on the crypto market? If there is a temporary drop in the market, some people may be playing with the FUDs.
It does not have to do anything with Trump getting positive and crypto falling. From yesterday the prices of bitcoin have started to rise ad after some time it has crossed 11k levels. Currently above 11350$ price and this clarifies that it should not have risen if it was liked to Trump’s case. Hope the prices continues to keep rising and achieve a new milestone.
Being that the crypto market now is widely adopted as an investment option, there is the possibility of it responding to such situations. Most investors are wary of the economic implications of a Government response to situations that call for change in government programs.
I don't follow the news, but Trump is probably cured of COVID, since bitcoin has gone up again! Thank you Trump! 
In fact, all this news strangely appears at the right moment... And someone uses them successfully!
In fact, all this news strangely appears at the right moment... And someone uses them successfully!
Like holy hell what a ride the past day has been with the bitmex stuff and now the POTUS getting covid with the first lady (they say) Everything is taking a dump.
Buy the dips though.
I think bitcoin shouldn't go below $ 10,000. Trump or another politician can only have a short-term impact on Bitcoin Buy the dips though.
, in which billions of dollars are invested. 
The deterioration of the health condition of the POTUS directly affects the entire economy. Also, we have seen the effects of the sudden rise or fall in dollar prices on bitcoin before. I hope Trump and First Lady will get over this illness soon.
Like holy hell what a ride the past day has been with the bitmex stuff and now the POTUS getting covid with the first lady (they say) Everything is taking a dump.
Buy the dips though.
Buy the dips though.
Hmm. The last time I checked, the first Lady was not infected, but how come. I saw the news today and there was nothing like that, all I heard was Donald J Trump only and nothing else.
I am not really sure if the positive Covid test of Trump to make Bitcoin price drops or bearish on the crypto market. The Crypto market isn't owned by US government or Bitcoin price never follows US regulations. Moreover, traders or investors come from around the world, not only from the US. So, how can it make impacts on the crypto market? If there is a temporary drop in the market, some people may be playing with the FUDs.
The stock market sank and then bitcoin along with it. Another example of the price of BTC being tied to the stock market can be found in today's action when Trump announced there won't be a second round of stimulus.
https://cointelegraph.com/news/trump-delays-stimulus-bitcoin-dumps-in-shortly-thereafter
It's not the delay in stimulus that caused BTC to dump per se -- its the fact that Wall Street holds a lot of bitcoin now and bad news causes institutional traders to dump it first as it is their highest risk asset.
I don't get why some people are still fighting the obvious tooth-and-nail. You don't have to believe "America is important" or anything -- you just have to admit there's an increasingly occasional correlation between stock market movement and bitcoin movement.
I am not really sure if the positive Covid test of Trump to make Bitcoin price drops or bearish on the crypto market. The Crypto market isn't owned by US government or Bitcoin price never follows US regulations. Moreover, traders or investors come from around the world, not only from the US. So, how can it make impacts on the crypto market? If there is a temporary drop in the market, some people may be playing with the FUDs.
This topic have already been tackled on one of the threads here in the forum that I have read while roaming around the forum. There might be really a correlation with the market behavior of the market with the current health situation of Trump or just maybe it is a mere coincidence that the two scenario happens all at the same. There might be a relationship in a sense that as a leader of the country, investors got panic due to concern of his health and knowing he is a candidate for presidency that the policies he implemented might get affected once something bad happen to him. But there is nothing to worry about experiencing a crash for as we observe it is just a little declination and all seems to get back to normal for that dump is just a normal thing to happen. There might be an effect on the market but still it will recover in no time.
Before Trump was reported positive, bitcoin price has been sideways in the range of $9800-11.200, As we remember, in the past few weeks the US economy is trying to recover, which we can see that the dollar index ( DXY ) has been increasing slowly, where when the dollar price rises, the bitcoin price will decrease, this is what I've been paying attention to in the last few months. Maybe there is indeed an effect from Trump's positive because we can also see a decline in the stock market, but seem like this will not give a long effect, sooner or later the price of bitcoin will rise again.
And how are these two events correlated? I don't think that Bitcoin is down because Trump tested positive.
I agree. I think they have nothing to do with each other.
president donald trump is recovered from covid 19 and he will become a negative now and he will come back at the white house so do not be afraid to bitcoin crash because bitcoin did not crash anymore
https://news.yahoo.com/trump-covid-19-live-updates-121623379.htmlIt looks like Trump is okay with his situation now, not for sure if he finally tested negative but the way he talks, I believe he will recover quickly. I'm not sure if he will still insist on the existence of Covid-19.
But this is not the reason why we are worried about the crash sentiments coz it is definitely not, and even any country leaders will be tested negative that does not make sense anymore. The market trend moves freely, whether we like it or not, we can still experience ups and downs scenarios all the time.
To this day it seems that the crypto market has not been affected too much by Trump's covid illness. We shouldn't be too worried about this, the President of the United States has a professional medical team to take care of him, I think Trump will soon recover.
president donald trump is recovered from covid 19 and he will become a negative now and he will come back at the white house so do not be afraid to bitcoin crash because bitcoin did not crash anymore
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I have looking for an enlightenment on how Trump Covid situation is affecting the crypto market and making it to have a sharp crash.
I don't know too. As far as I can see, if people like this one in the article "https://markets.businessinsider.com/news/stocks/stock-market-trump-coronavirus-positive-investment-chief-hedging-volatility-strategy-2020-10-1029644348#" starts spreading FUD to crash the stock market, it might be a possibility that investors will transition to invest in cryptocurrency.
But it's still funny because one trivial matter and people starts spreading FUD, HYPE, FOMO to manipulate the market and in order for people like Mcdonald to fool the masses and enhance his portfolio profits.
Trump or Biden, doesn't matter - Honey badger don't care.
Maybe there's short-term volatility, but in the long-term Bitcoin will decouple from the stock market - it's completely fake. This money printing disease can't be stopped. People will be forced to exit fiat, to avoid going broke. You want to be in scarce assets, Bitcoin your first priority. Once you realize how little Bitcoin is actually available on the open market for the rest of the world, you want to buy as much as you can. I've noticed rare baseball & pokemon cards are on the rise. Obviously Gold & Silver will go to ridiculous highs too. Gold is in short supply, hoarded by central banks though - basically a manipulated fiat-based asset. Personally i'm not going there. Much easier to store/verify Bitcoin.
Patience.
The price will go vertical soon, you watch.This is just the beginning 2021 is going to be worse for the financial system. I'm not a pessimist, just a realist.
Maybe there's short-term volatility, but in the long-term Bitcoin will decouple from the stock market - it's completely fake. This money printing disease can't be stopped. People will be forced to exit fiat, to avoid going broke. You want to be in scarce assets, Bitcoin your first priority. Once you realize how little Bitcoin is actually available on the open market for the rest of the world, you want to buy as much as you can. I've noticed rare baseball & pokemon cards are on the rise. Obviously Gold & Silver will go to ridiculous highs too. Gold is in short supply, hoarded by central banks though - basically a manipulated fiat-based asset. Personally i'm not going there. Much easier to store/verify Bitcoin.
Patience.
The price will go vertical soon, you watch.This is just the beginning 2021 is going to be worse for the financial system. I'm not a pessimist, just a realist.
I don't think Trump gets COVID-19 the cause of the crypto market crash, because there is no connection between the crypto market
and Trump's health. When it comes to the BitMex case, I believe it has something to do with the decline in cryptocurrency prices.
Why do many people link this, because of the role of the media in spreading FUD. This becomes a misleading thought, but for me
it's not a problem with the cause of the crypto market crash, whether it's because Trump or not. The most important thing is that
the Bitcoin price is still safe not to fall below the $ 10,000 price.
and Trump's health. When it comes to the BitMex case, I believe it has something to do with the decline in cryptocurrency prices.
Why do many people link this, because of the role of the media in spreading FUD. This becomes a misleading thought, but for me
it's not a problem with the cause of the crypto market crash, whether it's because Trump or not. The most important thing is that
the Bitcoin price is still safe not to fall below the $ 10,000 price.
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