U.S President Donald Trump’s ‘Direct Order to Buy Bitcoin’

SuperTA

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Quote from: CoinCodex on July 12, 2019, 05:39:53 AM

He actually Criticizes Bitcoin and Libra, however, it seems that the price wasn't affected at all.

https://coincodex.com/article/3995/donald-trump-criticizes-bitcoin-and-libra-in-first-public-comments-on-crypto/

True. “Giving attention” to crypto period, tells me it’s game on. Wink

https://bitcointalksearch.org/topic/m.51795453

CoinCodex

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He actually Criticizes Bitcoin and Libra, however, it seems that the price wasn't affected at all.

https://coincodex.com/article/3995/donald-trump-criticizes-bitcoin-and-libra-in-first-public-comments-on-crypto/

Kakmakr

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This is totally wrong, the guy does not like Crypto currencies at all.....

https://twitter.com/realDonaldTrump/status/1149472282584072192
Donald J. Trump
‏
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....

....Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National...

...and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!

He only believe in the protection of the Dollar and having it as the only reserve currency, so let's ignore this misinformation that are being spread in the media. Roll Eyes

deebawriter

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I read a recent tweet by Trump https://twitter.com/realDonaldTrump/status/1149472282584072192 where he stated
''I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity''...

The crypto market is on rise and it is going to hit $15,000 soon read more https://btcmanager.com/bitcoin-btc-ether-eth-market-update-july-11-2019/

LUCKMCFLY

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President Donald Trump is a very intelligent person, in fact, his books are excellent to follow his financial advice, personally I see him as a teacher, because of this, I am completely sure that he must be one of the great Whales or Strong Hands of Bitcoin, because a person with the intellect and power that he has under his hands, must have a lot of his investments in bitcoins.
For the sake of being president of a great nation, I imagine that he must have anonymity in his investments of Crypto, is something normal, but an investor of that style leaves no loose ends.

rodel caling

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If this news is real the president of united states was ordering to buy bitcoin, it can help to the bitcoin and whole crypto stability.
This a good news from the united states citizen bitcoin ethusiasm, but I advice before to deicde to buy bitcoin make sure the news is real to avoid blaming.

Jeremycoin

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𝓗𝓞𝓓𝓛

The title of the article is totally misleading. Trump's original tweet doesn't have anything to do with Bitcoin. The reply itself that was sent by Loop doesn't seem to be serious whatsoever. This only seems like the author of the article trying to gain attention through clickbait titles.

Quote

Conclusion
The crypto community was quite enthusiastic to respond to Trump’s tweet, dubbed as ‘ Direct order by Trump to buy Bitcoin’ Following the announcement, Bitcoin jumped percentages higher, almost breaking the $12, 000 barrier.
...

I mean, look at what he has as the conclusion here. Which crypto community is he referring here? No one's even visibly seen as enthusiastic other than that Loop guy. So, if any of the "crypto community" is excited, it must be for the reply of the original tweet instead of Trump's tweet itself. For what it's worth, that guy doesn't even represent the crypto community at all.

We seriously need to filter the credible news sources.

funchiestz

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They're just rumors. If Trump issued such an order and it was heard, Bitcoin had already crossed the 20K limit. I think it is completely gossip.

BTW if Trump says buy, we should think about sell!

stfN2128

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lol, trumps mentality would never allow a global currency... maybe in his vision it would be the us dollar... i don't know why you come up with those "news", totally wrong what you are actually talking Roll Eyes

pixie85

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I wouldn't call this fake news. It's trolling pretty much like those pictures with Trump holding a new decree that says "buy bitcoin" Cheesy

He said that they should be printing more money which means the value of the dollar will go down which means if you want to hold value buy something like gold or bitcoin. It can be interpreted in many way. One way is that the US is not doing so well and they could be going towards a war to bring the economy up and maybe loot some countries like they did with Iraq.

serjent05

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Quote from: samcrypto on July 06, 2019, 05:40:24 AM

There's no direct order coming from Donald Trump, and I can't see on the tweet about his direction to buy bitcoin. Trump thinks that China and Europe are doing their very best to compete with US, and as the tweet says, they need to match that but we don't know what currency he's referring for. Well, if the US President have a direct order for people to buy bitcoin, then we should see the price up above $15k level now but so far this tweet has no major effect in the market.

I believe it is the action of Pres. Donald Trump that speaks a "direct order to buy Bitcoin" . There are several policies where trump ordered that push merchants and other businessman to look for alternatives. The imposed tax on the remittances by migrants, the tariff and other stuff that.

Quote

The financial pressure mounted to these migrants in the form of taxation; signals one thing. All traffic heading towards Bitcoin. A potential attraction to crypto currencies is their ability to avoid monitoring.

So US citizen/migrants looking for a cheaper alternative means using cryptocurrency to evade this kind of unnecessary taxation imposed by Pres. Trump.

bitbunnny

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This really made me laugh. Donald Trump and Bitcoin, sounds like a bad joke. He could only ruin Bitcoin, not make it a global currency and no matter that he is the USA president he doesn't have such power and besides I don't take him serious, he changes his mind too often and not only about Bitcoin.

Leonardo7

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Why will Trump give a direct order to buy bitcoin? I can't find any of such, I didn't click on your blog, but I check out President Trump's twitter handle, he is only accusing China and EU of currency manipulation. Let not bring fake news here.

shinharu10282016

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One thing, if D.Trump knew about Bitcoin, his financial advisors could've advised him against it. Number one reason? Its volatile. Number two, its illegal according to their laws.

milewilda

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Quote from: avikz on July 07, 2019, 07:43:51 AM

Also I have been seeing a lot of discussions around bitcoin becoming a global reserve. Let me tell you that it's not gonna happen ever! A core centralized economy throwing their worth for a decentralized currency they don't control - sounds like a bad idea!

It isnt only a bad idea but a complete dumb thing to be done,knowing that government doesnt really like any aspect of decentralization.How the heck they would recognized such matter?

davis196

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Quote from: Sakshi10 on July 06, 2019, 05:02:18 AM

CASA’s Jameson Loop thinks that it will take Trump’s policies to make Bitcoin a global currency. On friday, Loop responded to a President Trump’s tweet stating to manipulate the value of the US dollar. The inevitability thesis of Bitcoin is......read more

https://www.cryptoknowmics.com/crypto/us-president-donald-trumps-direct-order-to-buy-bitcoin/

Trumps changes his opinions every day.We can't consider his tweets a legit source of information about his plans.Most of the time he is just trolling the liberals and spreading misinformation and propaganda.
This looks like another clickbait article with no in depth information or analysis.

ttcsalam

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Very funny news.if it is real it will very positive affect on cypto world.

mk4

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What kind of BS clickbait is that? Seriously. Good luck with your website if you have to spam Bitcointalk with clickbait topics.

P.S. Your site's SLL isn't even working properly.

fiulpro

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This is not related with Bitcoins , it's more related to their own personal currency being down this year .

Since many have lost a lot after Investing in USD this year , it is actually something that the president said to just give some assurance to their future investors.

We can manipulate what he said in any way we want but at the end of the day we could see how it was just related to their own currency.

Don't manipulate people's word in a way which might sound completely different than what they said.

avikz

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Quote from: Sakshi10 on July 06, 2019, 05:02:18 AM

CASA’s Jameson Loop thinks that it will take Trump’s policies to make Bitcoin a global currency. On friday, Loop responded to a President Trump’s tweet stating to manipulate the value of the US dollar. The inevitability thesis of Bitcoin is......read more

https://www.cryptoknowmics.com/crypto/us-president-donald-trumps-direct-order-to-buy-bitcoin/

Here is the actual tweet link from Donald Trump.

https://twitter.com/realDonaldTrump/status/1146423819906748416

How come it is even correlated with bitcoin? It's his fear showing up because USD is loosing its purchasing power! Nothing else!

Also I have been seeing a lot of discussions around bitcoin becoming a global reserve. Let me tell you that it's not gonna happen ever! A core centralized economy throwing their worth for a decentralized currency they don't control - sounds like a bad idea!

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