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Topic: Trump's statement against cryptocurrency - page 3. (Read 1655 times)

member
Activity: 336
Merit: 10
trump now needs PR, believe he knows what he's doing. though many call it inadequate here . I hope it's just words and attempts will not be accepted. I wouldn't be surprised if he changes his mind in the near future. Trump is a good manipulator.
newbie
Activity: 2
Merit: 0
Publicity is publicity, and Trump can't keep his mouth closed, so let him keep talking about it. lol
hero member
Activity: 2940
Merit: 613
Winding down.
In my opinion, even though the US has almost confirmed cryptocurrency through its presidential statement Donald Trump, cryptocurrency activities continue as usual. It could be that Trump's intention is not negative for Bitcoin and cryptocurrency. Regarding the future of Cryptocurrency, what if we only see it for some time to come.
Trump has brought negative and positive feedbacks to the people all about cryptocurrency but i have strong faith in crypto particularly bitcoin that it will not be affected that much just like when China had banned bitcoin. Transactions will still occur naturally and that no one can stop crypto enthusiasts even the president himself.
member
Activity: 672
Merit: 10
umachit.fund
In my opinion, even though the US has almost confirmed cryptocurrency through its presidential statement Donald Trump, cryptocurrency activities continue as usual. It could be that Trump's intention is not negative for Bitcoin and cryptocurrency. Regarding the future of Cryptocurrency, what if we only see it for some time to come.
sr. member
Activity: 1988
Merit: 453
Yes, listen to Trump is to fool yourself. How many times did he make any loud statements on any occasion, and after a couple of days he did everything, on the contrary, without a twinge of conscience. He is a showman and it's time to get used to his baseless statements. Let's see what will happen this time.

His statements may be baseless, but the fact remains that he is the president of the most powerful country in the world and his social media accounts are being followed by tens of millions of people. Although his mention was mostly negative, I am stressing more on the positives that could come out of his statement. Let's take this as free publicity that came at no extra cost.
full member
Activity: 649
Merit: 100
Even though Trump spoke negatively about crypto but didn't make decisions that could damage the market. he  mentioned the hacking case at binance by highlighting more on the transparency side compared to the bank. During an interview with CNBC, Binance's CEO, Changpeng Zhao, considered Trump's comments to be good. this is because he wants the United President to start talking about cryptocurrency.
member
Activity: 276
Merit: 10
Trumps statement is already having a negative implications on cryptocurrency. It OK the presidents forbids cryptocurrency in US but coming out openly against it doesn't spell well for the crypto community. Well, there must be way around it. I was thinking the market will go deeper than it is but yeah, the market still survived.
sr. member
Activity: 1036
Merit: 275
I don't know why people are so interested in the garbage Trump said about cryptocurrency. Bitcoin and blockchain technology were working way before Trumps thought of contesting to become a presidential candidate. So he knows nothing about cryptocurrency and he is just sharing his ignorance.  We shouldn't waste our time analyzing his statement.......
member
Activity: 63
Merit: 10
Yes, listen to Trump is to fool yourself. How many times did he make any loud statements on any occasion, and after a couple of days he did everything, on the contrary, without a twinge of conscience. He is a showman and it's time to get used to his baseless statements. Let's see what will happen this time.
When Trump tweets something looks seriously, we should understan it in opposite meanings. From my observations, most of time, Trump does reversely with what he tweets, weeks or months later after his tweets. Someday later, Trump might tweet that crypto currencies in general and bitcoin in particular are future of human civilization.
full member
Activity: 574
Merit: 100
the trump statement does not affect cripto. we know there are many countries fighting bitcoin but until now bitcoin still exists. bitcoin and crypto will never die at any time
member
Activity: 1274
Merit: 14
Yes, listen to Trump is to fool yourself. How many times did he make any loud statements on any occasion, and after a couple of days he did everything, on the contrary, without a twinge of conscience. He is a showman and it's time to get used to his baseless statements. Let's see what will happen this time.
full member
Activity: 431
Merit: 100
what I am most concerned about is, if the trump takes a policy to ban the crypto trade in any form. that would be a bad situation, considering that America is the largest crypto market in the world. for a while, trump only gave a statement of his statement, and I think for now it's not too influential.
I don't think that happened. the United States is one of the largest crypto user countries. some crypto product developments occur there. but there is indeed a regulation that is regulated by their government for the crypto market.
sr. member
Activity: 1652
Merit: 262
what I am most concerned about is, if the trump takes a policy to ban the crypto trade in any form. that would be a bad situation, considering that America is the largest crypto market in the world. for a while, trump only gave a statement of his statement, and I think for now it's not too influential.
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency? 

Generally, his tweet publiced bitcoins and cryptocurrencies a bit so more people now know that it exists. While it's effect may be temporary or not much,  it will majorly affect US citizens on issues concerning crypto. So blockchain projects based in USA will definitely look towards regulations as a way of making it legal and also away from criticism.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
I do not think that Trump is a person that knows a lot about cryptocurrencies, so nobody cares about his opinion.
Follow people that know something about cryptocurrencies: A. Pompliano.  Smiley
Trumps’ opinion really matters a little bit man, and I think we can see the little effect it had over bitcoin recently because I do not want to believe that the sharp decline again is as a result of correction, but the good thing is that it will pick up and balance with time once the whole Fud news dies down.

I think his statement will affect more of U.S citizens, most of the weaker investors their will surely panic sell their coin, but once we get the weak investors out of the system, I am sure that things will normalize again. I do not blame trump though, he is simply just doing his work, he would not want to support what will weaken the U.S dollars most especially now that he is in a bid for the second term, and people may use it against him if anything happen to Dollar.
member
Activity: 893
Merit: 43
Random coins :)
How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency?  
Am sure this is all because the Libra wasn't registered in the US and the crypto is operating in a market with so much crypto influence.

If this isn't the reason might be that they are afraid it could challenge the dollar and destabilize it's value so this is all in an effort to save what has remained.

Maybe the US government has trust issues with facebook and are trying to make sure it doesn't repeat itself.
full member
Activity: 1004
Merit: 111
That guy is not good to listen with as he is living his life with FIAT.
He is one of many people who dont want BITCOIN to place FIAT as there will be new ranking of rich people once this happen.
sr. member
Activity: 1197
Merit: 482
Trump is very love with US himself and when there was someone that he was thinking if that can disrupt the economy of US himself and they will give bad reaction for that. Trump was doing it for US himself.

FTFY
hero member
Activity: 1540
Merit: 507
How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency? 

I don't think President Trump doesn't like bitcoin or cryptocurrency but he says bitcoin or cryptocurrency is not his favorite investment. I think it's a fair statement from the head of government because as President, he must maintain the credibility of dollar
I think that he is saying all this because cryptocurrency can prevent him to realize his world plans. if people will be looking for a tool of investment, they will choose bitcoin or a dollar, and if everything will be fine with the BTC then they will definitely choose it. so the Trump will be upset.  Grin But we don't care about him
Trump is very love with US and when there was someone that he was thinking if that can disrupt the economy of US and they will give bad reaction for that. Trump was doing it for US.
sr. member
Activity: 664
Merit: 253
SmartFi - EARN, LEND & TRADE
These type of news will effect on the market for a few days when other news comes, people forgot old news and go with the current news. Positive and negative news comes to this market have every quarter, and their effect is always only for a few days.
You are telling what I have observed on the history of crypto, I mean that's the trend, there's a FUD, price will dump then afterwards it will pump.
That trend if we like to take advantage on that, we can make serious money.
but not everyone has the confidence to buy when the market goes down. for those who are brave and have skills, they may determine the lowest price and immediately buy assets. and just waiting for the moment the pump is done on the market, it is very possible. just wait with confidence.
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