Trump's statement against cryptocurrency - page 4.

mirakal

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Quote from: NEERAJ ANAND on July 16, 2019, 06:56:36 AM

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.

NEERAJ ANAND

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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.

setialovers

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Quote from: Jpti on July 12, 2019, 03:19:52 AM

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

Delilonia1

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Quote from: Jpti on July 12, 2019, 03:19:52 AM

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?

We have always known the stand of the United States Government on cryptocurrency from time immemorial, I dont think any one should be affected right now about the stance of the president. We shouldn't lose faith in cryptocurrency because as long as the internet lives on, cryptocurrency will never die. It's going places. A time will come when cryptocurrency will be accepted in all nations of the world. It only requires we waiting for those good times to come

Rooster101

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The recent tweet of Trump is based on his own personal view or opinion and there is nothing to fear about. Bitcoin already recieved various criticisms in the past including death sentences but survived. Mr. Trump may not be well-informed on how the cryptocurrency works or just want to bring down the price so he can able to purchase the coin at lower price.

adibi12

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I'm not so surprised by Trump's statement that he doesn't like Bitcoin and won't use it for the future, see in 2017 that the Chinese government issued a statement that Cryptocurrency was banned in his country, but what happened a few months later, they were interesting return the statement, but please note that all statements will not have a big effect on Bitcoin, because Bitcoin is the best technology in the future, many people love Bitcoin.

Tipstar

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Quote from: Jpti on July 12, 2019, 03:19:52 AM

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?

He's a good guy but a slow learner. He is wary about the economics if crypto came as a common replacement for fiat. The whole world economics has been based on taxes on fiat.
And it would really be difficult to run a government if people don't pay their taxes.

patz22

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Well, the only people who will be affected are those have traders and hodler which have weak hands wherein who decides whether or not to sell depending on the trend and news from cryptoworld and on the other hand, that would be newcomers or who are planning to invest in crypto, other than that I don't see any other people who will believe and decides to leave crypto.

Broiler78

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for me the statement of trump was quite controversial and caused the price of bitcoin to fall. I think trump will support crypto in the near future, because now it's a trade war that has begun. crypto is one of them to encourage the world economy.

torry28

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The effect of president Trump is notore than what we have seen so far in the last decline in the market value of Bitcoin and crypto currency market in general.

Well maybe that's one of reason why bitcoin price decreased to $10.9 k now after it was $13k (before the tweet from Trump which againts with crypto), but we all know there were some people or even instutional who said they aren't believe with bitcoin, after bitcoin was down to $4k months ago, they are buying/launched their own coin (e.g Jpmorgan)

Maslate

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Quote from: Johnnywelsh on July 15, 2019, 04:33:17 PM

He's an idiot, it might do the community some good as anything he says is rubbish alot of people are skeptical and will do their own research. Yeah I know there's half of the population in USA that won't but any new audience is good.

We all know that he doesn't have any depth knowledge about crypto, only he knows the name but being president will have to respect his appreciation towards the market. What he say's might give a huge impact on the market but it won't be a way that could bring it down. We know the current situation and what this actually be working, will that statement meant nothing to us who knows crypto well.

Johnnywelsh

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He's an idiot, it might do the community some good as anything he says is rubbish alot of people are skeptical and will do their own research. Yeah I know there's half of the population in USA that won't but any new audience is good.

muhhentuhhen

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Quote from: Jpti on July 12, 2019, 03:19:52 AM

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?

Sometimes he says the things that seem to all at least odd. The other day, he said that Schwarzenegger died (later, he said that not physically). I believe that he owns Bitcoin himself as knows that crypto is the future.

abeecrypto

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Actually, the part where he talked about it being used for drug trade and illegal activities, isn’t wrong. He isn’t a fan because he probably hasn’t sat down to understand cryptocurrencies. It is a good thing that he is getting to comment on cryptocurrencies. Probably, next time, he will be talking about how to make it work for the general populace.

TMARK446

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Quote from: TMARK446 on July 15, 2019, 03:44:15 AM

I assure this project is going to be huge....... The tools behind it's mechanism are so powerful to drive it to its full potential.... #SPARTATOKEN

TMARK446

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I assure this project is going to be huge....... The tools behind it's mechanism are so powerful to drive it to its full potential.... #SPARTATOKEN

mrkavasaki

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Quote from: ?? on ??

Quote from: Jpti on July 12, 2019, 03:19:52 AM

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 read his tweets on Twitter, he tweeted up to 3 times, about crypto and Libra. But it still doesn't affect the market much more than a small dump of BTC. It is similar to what China has done with crypto, they completely block ICOs and exchange in their countries. But eventually BTC increased to $ 20k

That's only his opinion which based on traditional way of monetary system, if his statement really have a negative impact on bitcoin price then it should not have bullish scenario, that's also the effects of being a decentralized even influential people could not pinned down crypto currency.

It is not his own statement. But he is the president of the United States, it represents the entire US government system. If you read it, he said that if Facebook wants to set up a bank. They must seek a new Banking Charter

andra73

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Quote from: Maxre on July 14, 2019, 11:23:03 PM

such statements will not affect the crypto world if there is no concrete action.
Keep in mind there are a lot of people who oppose Bitcoin, but until now Bitcoin continues to move so don't let you be affected by this kind of thing.

but the effect might be as bad as it is now. do not know the effect of what the president said or from others. but the moment was almost the same, it was very surprising.

Maxre

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such statements will not affect the crypto world if there is no concrete action.
Keep in mind there are a lot of people who oppose Bitcoin, but until now Bitcoin continues to move so don't let you be affected by this kind of thing.

ATSgrowth

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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.

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