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Topic: Trump inauguration and Bitcoin price (Read 1549 times)

hero member
Activity: 574
Merit: 506
January 22, 2017, 07:01:14 AM
#31
I believe the act of inauguration was priced in by the markets weeks before the happening itself. It shouldnt surprise anybony, that the price here or on DOW didnt move much.

On a side note, financial elites are backing new president, which should be seen as bullish. Only political elites are against him and those proven themselves to be incompetent as far economics go.

Lets see how it unfolds, I am on Trump boat in the exciting new sea of opportunities.
member
Activity: 106
Merit: 10
4.3.2.1.
January 20, 2017, 10:09:28 PM
#30
FYI-

Bitcoin is about to start its next waves of pumping. Who cares if its trump or china or god as long as it pumps to 10k so we all become very rich.
hero member
Activity: 1008
Merit: 520
Undeads.com - P2E Runner Gamem
January 20, 2017, 10:06:15 PM
#29
yesteday trump inauguration is finish and end
not affect to bitcoin price
only affect to dollar and gold, yesteday dollar is down price is euro and swiss france
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
January 20, 2017, 08:07:55 PM
#28
Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?

Serious investors should know that Bitcoin is a risky investment. On a first glance it is a "scarce" commodity, but on the second view the concept can be copied, as we see with the "altcoins". This has been criticised recently by Warren Buffet.

What's scarce - and where the opportunity in BTC lies - is the blockchain security and the network of bitcoin-related enterprises and the user base - "the Bitcoin network". A serious investor who wants to go in in BTC for the "long term" must therefore investigate if this network is likely to grow or not.

Unfortunately, I consider Trump a danger for the "bitcoin network". That's because his protectionist views could damage the Bitcoin economy of the US by imposing more strict regulations on online currencies, and it's possible that other countries would follow this way if nationalist/protectionist movements win elections in the coming years (e.g. France).

So Trump, in my opinion, is probably bearish for Bitcoin - we'll see it -, and an investor with the necessary knowledge could share this view. So I think that most investors would prefer other commodities like real estate.
full member
Activity: 126
Merit: 100
January 19, 2017, 01:29:23 PM
#27
I doubt it would take effect so soon, I truly think the price would increase with donald trump if he actually do what he said he would, at that time investors will be looking for alternative options and BTC might get some of it.
legendary
Activity: 2660
Merit: 1074
January 19, 2017, 12:42:14 PM
#26
So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?

Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?

Give your view on this? 

I don`t care about the Trump inauguration.When Trump was elected as president there was a small increase in the bitcoin price for only 24 hours.
Serious investors don`t care much about his inauguration,they care about his economic policy. 

Of course the practical effects of the inauguration days will be negligible, but may be used for the manipulators to justify a short term pump and dump. Like if price rises all of sudden with no news, people will think about manipulation and won't buy or will sell, but with this event they may think the rise was because of the inauguration day and will buy or not sell until the "correction"

May be a good opportunity for some shorting.

Or if terror attacks the price of BTC and safe assets may really increase, we all know many people are really pissed off because of Trump
member
Activity: 78
Merit: 10
January 19, 2017, 12:32:39 PM
#25
As a 'safe haven'?  No

An opportunity to pump and dump, YES.
legendary
Activity: 868
Merit: 1006
January 19, 2017, 11:51:59 AM
#24
Well whatever might happen we are about to find out. I would pay attention to chinese houes for any action in the markets, usually this is when most people in the west are sleeping tho, so that's a problem. Maybe it's worth staying up all night? Im not sure. There's an Alex Jones stream, that may make it fun, he is hilarious. You can look at that while monitoring the bitcoin price. The price is looking great tho, looks like 900 boat is back.
sr. member
Activity: 840
Merit: 254
January 17, 2017, 11:20:59 PM
#23
So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?

Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?

Give your view on this? 
It depends on what he does in the first days or weeks after being inaugurated, if he takes policies that strengthen the U.S. then we may see a small drop in the bitcoin price, but if they don't like his policies we may see a small increase in price.
full member
Activity: 138
Merit: 100
January 17, 2017, 08:45:29 PM
#22
So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?

Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?

Give your view on this? 

Bitcoin could be ended tomorrow by the PBOC if they had the mind to do so.

Bitcoin is not, and never will be a safe haven for any serious volume of wealth. At best, it is a good means of evading capital controls and a highly volatile financial asset where shark traders can and do make a fucking killing at Joe Sixpack's expense......

......better watch they dont deplete the food chain though....
hero member
Activity: 966
Merit: 507
January 17, 2017, 08:21:08 PM
#21
So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?

Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?

Give your view on this? 

Under the current conditions of high volatility and how easily it is manipulated by big whales, of course a serious and conservative investor would not have interest in seeing bitcoin as a safe haven for his assets.
sr. member
Activity: 434
Merit: 250
January 17, 2017, 06:04:25 PM
#20
Trumps trade policies with China may have some effect, depending on what they look like.
Bitcoin is super tied to the price of Chinese currency and investors in that country right now.
Other countries in Asia and the United States play a role but China is still the biggest factor right now.
hero member
Activity: 644
Merit: 500
January 17, 2017, 04:13:42 PM
#19
Trump effect, is spesific US president election effect in bitcoin price
after presiden election end, trump win
US dollar is strong bitcoin price strong too
trump inauguration to white house, dollar price down, but bitcoin price this now still up, after down price, follow us dollar price down
sr. member
Activity: 744
Merit: 266
January 17, 2017, 03:54:37 PM
#18
Maybe a few people who invest upon hearsay. I don't see any major impact on bitcoin prices due to Trump's inauguration.
legendary
Activity: 1442
Merit: 1016
January 17, 2017, 03:46:57 PM
#17
So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?

Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?

Give your view on this?  

We have already seen an impact in the cryptoworld. I think Trumpcoin went up to x15, that's a ton of money out of nowhere all because of trump.

Maybe the current BTC rally is also due the psychological factor of expectation for a certain date. We may see 1000+ again for 20th, who knows. I think the people that sold at below 800 fucked up big time.

Yes this is one group, people who sold because they thought we will go down even more.
The other group are the shorters who got absolutely rekt today!
I knew a few and that guys lost a shit ton of money.
Feel a bit pitty for them to be honest.But this is what happens when you get greedy and take even more risk.
legendary
Activity: 868
Merit: 1006
January 17, 2017, 02:07:17 PM
#16
People are always looking for a reason when price go up or down,this time some will say that this increase is happen because of Trump inauguration.Considering that this is Trump and that he is actually an entrepreneur it is possible that he will be in favor of BTC.It is hard to say whether he or how will affect on BTC,but if he carried out some of his ideas in reality the world will be a little different place than it is now.






I think it's a little bit of both. The reason that trump is going to become the next president shakes the entire geopolitical spectrum up, prices tend to shake too. But to what extent is this the reason the bitcoin is rallying? we cant know, what we know is, bitcoin is looking fantastic at 900+ again, showing it can recover from big blows time after time.
sr. member
Activity: 322
Merit: 251
January 17, 2017, 02:00:25 PM
#15
Nah nonna that booshit matters.  Ain't no crypto thet reacts ta polly-ticks like gold do o' like tha stock market do.  But as the grumpkins say, speculatehz gon' speculate.  We above 900 rite now!!
legendary
Activity: 1904
Merit: 1074
January 17, 2017, 01:54:32 PM
#14
Traders and investors panic quickly, so I would not be surprised if the inauguration would spark a small spike in the Bitcoin sales. {upwards}

The reality of a Trump presidency has not kicked in yet, but the inauguration will push people into a panic mode and they would seek more

calm waters. Bitcoin has been in this position before with many other countries too. { Greece, Venezuela....}  Wink
legendary
Activity: 1862
Merit: 1004
January 17, 2017, 12:38:50 PM
#13
I don't think that insignificant filler news will have real impact on bitcoin price.
I've read some articles which insinuated that Trump's inauguration will have positive influence on Bitcoin's price but history is not confirming it.
It is another small-time political FUD, nothing will change - and definitely not to the extend of us having another pump.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
January 17, 2017, 12:34:41 PM
#12
People are always looking for a reason when price go up or down,this time some will say that this increase is happen because of Trump inauguration.Considering that this is Trump and that he is actually an entrepreneur it is possible that he will be in favor of BTC.It is hard to say whether he or how will affect on BTC,but if he carried out some of his ideas in reality the world will be a little different place than it is now.



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