Trump's statement against cryptocurrency - page 7.

sukoyomi

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Quote from: coinporch on July 12, 2019, 12:01:24 PM

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?

maybe the statements from mr. president of USA is the causes why crypto market getting red now
but, for me,, the impact just only for a while, because the price of bitcoin still run above 10K USD
just prepare yourself for the next waves on crypto market buddy

After all, people won't just go and leave crypto, surely they also think and don't even care about that. We already know that crypto is a future technology that will make the world more sophisticated, while he can't control humans, crypto will stay alive no matter what is that statement.

Tungsten-1

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Quote from: clipto on July 12, 2019, 10:43:51 AM

Nobody knows what to expect from two things: crypto currencies market and Donald Trump Cheesy

I would not wonder if he would say that crypto currencies are great in his next speech, so keep calm and let him talk.

That is hilarious. Well Mr. Trump is a businessman and this cryptocurrency has been pretty much profitable for people in the US. Their major banks like Goldman Sache and many more have actually started accepting Bitcoin transactions. The leading companies are accepting Bitcoin as a medium of exchange and to cut down the cost of their economic activities. Do not follow what Mr. Trump says.

kingpin4321

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Trumps opinion on cryptocurrency will not matter to me I don't support many of this messages or decision so this won't be different. Him in his capacity as the president doesn't make him perfect in cryptocurrency so there is no course for alarm

desticy

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The 45th President of the United States did not say anything that was said before him. The only thing I doubt is the power of the US dollar at the moment. Besides, I think that Trump's Twitter posts are being written by a whole team that doesn't have him.

coinporch

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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?

maybe the statements from mr. president of USA is the causes why crypto market getting red now
but, for me,, the impact just only for a while, because the price of bitcoin still run above 10K USD
just prepare yourself for the next waves on crypto market buddy

puertorikosena

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I think that this statement cannot have such a strong influence on the cryptocurrency market to bring it down. Such statements have already been made by many different people. It is necessary to understand that the cryptocurrency market may have a bad effect on the development of the banking sector or even bring it down. Therefore, cryptocurrency in this regard is dangerous.

frost_wind

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I do not think that latest Trump's statement will negatively affect the crypto market. On the contrary, the more high-ranking officials will publicly discuss cryptocurrency, the more popular bitcoin and the whole cryptocurrency market will become .

Sellman

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We understood clearly that the USA is the strictest nation on crypto currencies, especially KYC requirements on crypto exchanges' users, and private coins. So, what the President stated recent hours does not change anything in the management strategies of the USA government on crypto currencies. I don't understand why there are people whom fall into panic with recent opinion of the President on Libra, bitcoin, and crypto currencies.

rmilly

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I honestly think this will cause people to backfire imo. It's going to raise a lot of questions and people are going to honestly fight against him especially younger generations.

bkbirge

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Trump can't stop bitcoin or crypto in general. However, he can stop (or try to) the gateway between fiat and crypto by massively regulating the centralized exchanges, making it practically if not technically illegal for any citizen to transfer USD to an exchange. And that might work for a time, but with decentralized exchanges coming on line I don't see how even that would work long term. There'd have to be an outright ban on all crypto in the US and even considering that miniscule possibility it would just be the US.

clipto

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Nobody knows what to expect from two things: crypto currencies market and Donald Trump Cheesy

I would not wonder if he would say that crypto currencies are great in his next speech, so keep calm and let him talk.

slashz9

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its just statement for another pump and dump, many people has to say Crypto will defeated,scam,fraud.
but its still exist, to be honest im not really care about other opinion now and just follow it.
im just focus with my business Wink

CryptoAlphaStar

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No one can stop a decetralized global currency, even the US president.
The market has the last word, not anyone else. Supply and demand, fellas. Everything else is noise in between.

bttmember

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I agree with most of the comments here and looks like these posts will have a boosting effect on the crypto market in the coming months because awareness will increase and we already know trump has global followership and world media also highlights him so whatever he posts about crypto will help crypto go mainstream.

bitkanu

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Quote from: ariyzt on July 12, 2019, 09:48:30 AM

His tweet isn't wrong at all . He said " Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity" . I am agree with that, but he also forget if vas majority of criminal transaction are done in fiat

Most of people just dont know that blockchain itself is among the most teansparent system out there because it is recorded since the emergence until now, if every btc addresses were to be changed to the owner's name we can trace down all of people's transaction and they are still thinking fiat is less anonymous than bitcoin smh.

kingzpro

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Personally i think it will end as a good thing for crypto as his posts will stir curiosity among masses and many will get information about crypto and massive will be investing so get ready for a big push and i would like to thank president trump for letting peopleknow how they can bypass traditional financial system by investing and trading crypto.

sammy21

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Quote from: jacafbiz on July 12, 2019, 10:01:26 AM

To be sincere I don't truly believe what Trump is his own stand on Bitcoin, I just feel it is what he was told and decided to go with his advisers. Kiyosaki (Rich Dad, Poor Dad Author) is a friend of Trump ad have both publish a book together, do invest in Crypto, I know he owns BTC and Ethereum, so Trump is telling people like this they don't know what they are doing

yes maybe it's just a sensation made to disrupt the market. with conditions like this maybe those who have the intent and interests can buy bitcoin at a cheaper price.
do you remember that the trump also talked about the death of a big film actor, even though he was still alive. whatever he actually did.

jacafbiz

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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?

To be sincere I don't truly believe what Trump is his own stand on Bitcoin, I just feel it is what he was told and decided to go with his advisers. Kiyosaki (Rich Dad, Poor Dad Author) is a friend of Trump ad have both publish a book together, do invest in Crypto, I know he owns BTC and Ethereum, so Trump is telling people like this they don't know what they are doing

ariyzt

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His tweet isn't wrong at all . He said " Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity" . I am agree with that, but he also forget if vas majority of criminal transaction are done in fiat

caffu chino

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the crypto market will not have a major impact on his statement. many people give statements about crypto and on average they say crypto is bad. but in the end crypto is still developing and there are still many who like it, so just relax.

I think it's normal he doesn't like BTC and crypto because he is the president. as long as the government still rejects crypto, he will do so too.

Topic: Trump's statement against cryptocurrency - page 7. (Read 1655 times)