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Topic: trump is the cause of drop prices bitcoin - page 2. (Read 445 times)

legendary
Activity: 2898
Merit: 1823
November 25, 2019, 03:56:49 AM
#32
Roll Eyes

Is it really important to know who, or what caused the crash? What matters is what to do with this golden opportunity.

Buy the dip, and HODL, because the whalecumulators are. Cool
hero member
Activity: 1666
Merit: 753
November 25, 2019, 01:57:50 AM
#31
Stop trying to attribute dips in price to a single event. It just doesn't work that way.

There is no single factor that leads to a bear market occurring, which I think is safe to say what we have regressed into right now. Market psychology can play just as an important role to price action compared to real policy changes with regulators, and I think that it is very likely that people are panic dumping right now.

A lot of people expected prices to go through the $10k resistance as China announcements happened last few weeks. Due to the miss on that news, it's quite possible we're also seeing a long squeeze right now.
hero member
Activity: 1974
Merit: 502
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November 25, 2019, 12:44:07 AM
#30
since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

No, and I don't think it will work that way. And besides I don't think trump does even care about crypto currency. Yes, influence plays a great role in terms of this but the thing is trump has lots of opposing followers, and looking upon that I don't think those people are willing to take the risk that crypto currency has to offer. Lastly, few governments are into bitcoin majority are not.

I guess this is the way of the FUD makers just to influence many people without proof, perhaps about Trump's status on crypto there's no strong evidence that he doesn't like cryptocurrency. Some articles spread non believable ideas and insights, most of them is fake news. They thought it could twist the mindsets of many people, but by the time of realization the people will stand on what they strongly believed for Bitcoin. The majority and minority on Government were both equal on their visions, so it only needs proper time to set everything to normal without any conflicting issues.
sr. member
Activity: 896
Merit: 268
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November 25, 2019, 12:33:10 AM
#29
since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

No, and I don't think it will work that way. And besides I don't think trump does even care about crypto currency. Yes, influence plays a great role in terms of this but the thing is trump has lots of opposing followers, and looking upon that I don't think those people are willing to take the risk that crypto currency has to offer. Lastly, few governments are into bitcoin majority are not.
hero member
Activity: 2716
Merit: 552
November 24, 2019, 10:38:54 PM
#28
~snip~.
I am also curious on this one how could OP believe that Trump can influence the price of Bitcoin.
Just because of Trump's post on twitter and the price drops after it doesn't really mean that it is connected,
Just because Trump's a big name doesn't mean that he alone could change the phase of the market.

Why not? Big names in the Political industry can influence anything under the sun.
If Trump will say bad things or good things about Bitcoin, don't you think people will just ignore what he said?
Or lets put it on the worst scenario. What If Trump will ban the exchanges and mining farms in the US? Would that doesn't change the phase of the market?
legendary
Activity: 3346
Merit: 1134
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November 24, 2019, 09:04:33 PM
#27
It doesn't matter.
Not much do believe in Trump.
He is a businessman so he believes bitcoin is a wall to making more money for him.
The guy doesn't like the idea of people keeping their money in a safe place without a trace.
Greed is what clouds his mind so you should just ignore him.
Besides, their country is already divided because of him.
legendary
Activity: 2744
Merit: 1288
November 24, 2019, 06:53:00 PM
#26
since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

In general Trump was very positive for Bitcoin in last 3 years. With pulling USA out of several global treaties he made world way less secure as it was before. World uncertainty is good for Bitcoin.
sr. member
Activity: 2422
Merit: 357
November 24, 2019, 06:39:50 PM
#25
since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?
I don’t think Trump is the main reason but increasing the tense between China might be possible. Any well known personality can state their comment about bitcoin but remember that investors are not depending on that, we depend on the current situation, market trends and not just on any statement. USA and China can’t influence all of bitcoiner, but they can still affect the price trend.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
November 24, 2019, 04:18:18 PM
#24
~snip~

No, Trump cannot be the cause of it, he has always been very volatile with his tweets for a long time, I think he has many problems to solve to worry about influencing the bitcoin market.

The Bitcoin market is not well seen by him, he has another investment criterion and to see business and markets in general, it is like a Warren Buffet, apart from that the Bitcoin economy would be freeing many to achieve financial freedom by passing over Bank controls, third parties ... but believe me he is not responsible for making bitcoin fall in price, there may be other fundamentals, China may be influencing, but Trump is NOT.
hero member
Activity: 2856
Merit: 618
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November 24, 2019, 11:58:39 AM
#23
since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

Trump or the US cannot control the bitcoin prices because bitcoin is not in the control of US. Whenever the bitcoin prices are down we try to find unrealistic reason of the bitcoin dump or low price. Actually it is the demand and supply which actually determine the bitcoin prices or it can be the manipulation by the whales.
legendary
Activity: 1473
Merit: 1086
November 24, 2019, 11:55:57 AM
#22
What kind of joke is this? First someone said it was because of China and now it's because of Trump? Lol
I've read some thread also that telling the price drops because of those protesters. Come on, people, just relax why are you all so upset with this decline when you can make a money from it in the future. Just buy now and hodl until bitcoin skyrocket to the moon.

Haha true, next week it's Musks fault with his cybertruck presentation. In my opinion people read way too much into news when it comes to charts. I don't believe BTC is that much associated to news anymore.

I'm all on your side with your last advice. Not much left to do anymore now that the fiat fuel is already gone. ^^
sr. member
Activity: 2604
Merit: 338
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November 24, 2019, 11:45:47 AM
#21
What kind of joke is this? First someone said it was because of China and now it's because of Trump? Lol
I've read some thread also that telling the price drops because of those protesters. Come on, people, just relax why are you all so upset with this decline when you can make a money from it in the future. Just buy now and hodl until bitcoin skyrocket to the moon.
legendary
Activity: 3052
Merit: 1188
November 24, 2019, 08:08:23 AM
#20
There was a fall back in the day when Trump talked about bitcoin but the whole world knows that nobody really cares what Trump says or does.

Look at his own country where even the government is trying to kick him out of the office but they want to kick the team with him as well so they are taking the time for it. If they can somehow manage to kick Trump out while also kicking Pence out there is a chance that Pelosi can become the president and that is what matters to democrats.

If they kick out Trump but Pence becomes the president there is absolutely no way that country will get better, there is a chance it gets even worse. So at the end of the day, nobody cares about Trump and what he does, the price of bitcoin went down but it is totally irrelevant at this point.
legendary
Activity: 3234
Merit: 5637
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November 24, 2019, 06:24:31 AM
#19
it’s all over the net and this forum that China’s announcement to target illegal exchanges was the key reason for prices to fall.

And that was the reason for the previous drop to $7300/400, and all drops before that? Trading with cryptocurrency in China is illegal for years, which would mean closing some illegal exchanges with very low trading volume cannot cause a panic that would explain the price drop.

Finding a reason for every increase or decrease in price is always something the media does, they make money on that, you read it and you believe this is the truth. The media is a powerful weapon used by manipulators, and judging by the reactions they create, they do a great job.
hero member
Activity: 2646
Merit: 686
November 23, 2019, 01:05:19 PM
#18
since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?


@barota which world are you living in because Trump had no relation with yesterday’s price crash, it’s all over the net and this forum that China’s announcement to target illegal exchanges was the key reason for prices to fall. In addition to it fud news was spread that Binance offices in Shangai were raided, which has been officially denied by Binance. Also Trump has no interest in bitcoins and I don’t think he’ll be giving any kind of statements regarding bitcoins, hence we should not be worried about him at least for the moment.

https://www.forbes.com/sites/billybambrough/2019/11/22/stark-china-warning-causes-bitcoin-to-suddenly-crash-10-as-other-major-cryptos-nosedive/#4b3f3bd353d4

https://cryptoslate.com/binance-ceo-dismisses-shanghai-police-raid-news-as-pure-fud-says-rival-crypto-exchanges-are-paying-for-disinformation/

hero member
Activity: 2184
Merit: 531
November 23, 2019, 12:59:16 PM
#17
It's more of the combined effect of Libra being denied, companies that were planning to invest in libra resigning, China that was supposed to open to Bitcoin not really opening up and instead threatening some rogue exchanges. TA was also against us after a big rally to 14 thousand.

I wouldn't blame Trump for it but I remember when he was elected people said that he's going to be open to Bitcoin because he's a businessman and one of his senators was pro bitcoin. You can see how that went.
legendary
Activity: 3038
Merit: 1169
November 23, 2019, 12:20:04 PM
#16
since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

Well, pretty much the price of Bitcoin will not take effect even if Trump would tweet negative things about Bitcoin it will not meddle with the price, I thought you will report that Trump had dinner with Mark Zuckerberg and Facebook board member Peter Thiel or this can be a building friendship incorporated with Libra well nobody knows, if Trump loves Bitcoin or not maybe he has a spark in cryptocurrency but wants to take part in it but maybe in a form of Libra well this Dinner with the owners and board of facebook I think there is something very suspicious about it.
sr. member
Activity: 1120
Merit: 251
November 23, 2019, 11:53:26 AM
#15
since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?
I often think why every price is good or go up always countries like America or China maneuver through the news they release. For example like the donald trump's tweet which slightly corners bitcoin. Maybe it's true like you said there are big people who play to make prices go down then they will buy it back.  I don't think they will make a positive tweet because it will confuse people with two contradictory tweets
jr. member
Activity: 208
Merit: 2
November 23, 2019, 10:08:35 AM
#14
trump is so small compared to BTC ! America thinks world revolves around them, i assure you ASIA is big player in crypto !
hero member
Activity: 2702
Merit: 672
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November 23, 2019, 10:04:08 AM
#13
Absolute nonsense. Trump may be a President, but he still lacks the ability to influence the market so greatly. In fact, no one else alone could. Only a movement of an entire country could have the possibility of changing the current effects in the market.
PLUS, of all the presidents to choose from, why trump even? Trump is literally the President that is ready to be taken to court by his subjects after his term ends. You should be even surprised that Trump could even comment about BTC, let alone change it.f 
Trump is having a lot more serious problems right now than dealing with something like Bitcoin, which is currently no threat to the USA, or rather for the US dollar. Although Trump has a really large number of followers on Twitter (67 million), his tweets are not taken too seriously, at least for those thinking with their heads.
Numbers are just in the end numbers. 67 million doesn't mean that he has 67 million supporters who are willing to follow his whims and decisions that actually endanger a lot of American Citizens' Interest.
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