Topic: What do you think about the price of Bitcoin if Donald Trump can ban Bitcoin ? (Read 1052 times)
July 27, 2019, 01:32:30 PM
Historically, the prices have gone down whenever the talk about bans surfaced. First in 2013 December, the prices crashed when there were rumors about a ban in China. Another crash occurred in mid-2017, when there were similar rumors from the same country. And in 2018, another crash occurred when ICOs were banned in Korea. In case the United States authorities ban BTC, the market is not going to behave in a different way.
July 27, 2019, 10:13:40 AM
Maybe then BTC will suffer (price) only for few weeks! Afterwards; everything will be fine for sure!
July 27, 2019, 09:31:20 AM
US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin
you can read the article here : "https://www.coindesk.com/us-president-donald-trump-says-hes-not-a-fan-of-bitcoin"
so if Donald Trump has the power to ban Bitcoin, what happens to Bitcoin in the future? the price of Bitcoin will continue to fall and die or the price of Bitcoin will continue to grow and increase? let's give your opinion because I want to hear your response.
July 27, 2019, 02:36:41 AM
there is a big difference between not being a fan and totally oppose cryptocurrencies
Trump knows what it is and knows the pros and cons, since he has stated he wasn't a fan of it
but banning bitcoin is a huge step and this is not what the US and Trump need at the moment from the political point of view
if it happens , though , I think the price can go down for a period of time
but bitcoin's ecosystem won't be hurt too much by getting banned in one country even if as powerful as the US
Trump knows what it is and knows the pros and cons, since he has stated he wasn't a fan of it
but banning bitcoin is a huge step and this is not what the US and Trump need at the moment from the political point of view
if it happens , though , I think the price can go down for a period of time
but bitcoin's ecosystem won't be hurt too much by getting banned in one country even if as powerful as the US
July 27, 2019, 02:21:34 AM
Trump is not going to prohibit the use of Bitcoin or other cryptocurrency. As president of such a large state, he did the right thing by defending national money. However, he did not speak negatively about Bitcoin so that we could see his intention to prohibit the use of cryptocurrency. Therefore, there is no reason for panic or even serious reasoning on the prohibition of Bitcoin.
If we see the history, we will know that negative words by famous persons are mostly spoken only to create panic and then those people themselves fil their bags with cheap crypto. John MacAfee used to do it and now I think its a move my the US to buy more cheap coins themselves by spread this temporary fud.
July 26, 2019, 10:27:58 PM
If politicians could ban Bitcoin, they would have done it by now.
They can't ban it.
They can't ban it.
Agree. The US Government should have banned Bitcoin the minute they knew about it, but they did not because they knew that Bitcoin is a powerful technology that can be useful in the future. Donald Trump's statement might affect the price, but it won't make Bitcoin go away. Just think about Venezuela wherein Bitcoin is their solution to beat the unstoppable increase of their country's inflation rate.
July 26, 2019, 08:40:20 PM
US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin
you can read the article here : "https://www.coindesk.com/us-president-donald-trump-says-hes-not-a-fan-of-bitcoin"
so if Donald Trump has the power to ban Bitcoin, what happens to Bitcoin in the future? the price of Bitcoin will continue to fall and die or the price of Bitcoin will continue to grow and increase? let's give your opinion because I want to hear your response.
The problem is that NO body including Donald Trump, can ban Bitcoin.
July 26, 2019, 04:49:37 PM
Trump is not going to prohibit the use of Bitcoin or other cryptocurrency. As president of such a large state, he did the right thing by defending national money. However, he did not speak negatively about Bitcoin so that we could see his intention to prohibit the use of cryptocurrency. Therefore, there is no reason for panic or even serious reasoning on the prohibition of Bitcoin.
July 26, 2019, 11:17:32 AM
Trump? A greedy person who wants to be in the world will not be able to ban bitcoin globally. Even if some countries unite to ban bitcoin, that is still impossible.
well, until now, trump has responded negatively to this development, and there is no doubt that trumps are indeed people who can make changes to the price of bitcoin. when it's banned, I think the price of bitcoin will decrease. 
July 26, 2019, 09:20:05 AM
If politicians could ban Bitcoin, they would have done it by now.
They can't ban it.
They can't ban it.
Trump is more a performing person than that one, who knows well about political and economic stuff. Claiming he does not like BTC, he is simply going to get more hype. he knows that now, people will start talking about his personality in the connection with BTC, and it is profitable for a person who owns billions. As for Bitcoin price, his attitude does not affect it at all.
July 24, 2019, 07:12:08 AM
US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin
so if Donald Trump has the power to ban Bitcoin, what happens to Bitcoin in the future? the price of Bitcoin will continue to fall and die or the price of Bitcoin will continue to grow and increase? let's give your opinion because I want to hear your response.
No one cares whether Trump is a fan of bitcoin or not but the fact is that if he had the power to ban bitcoin he would have done that already and that is not the situation and the only thing they might do is to drive the companies related to bitcoin out of the country by these comments as these companies needs clarity and risk free zone to conduct business for the long term. so if Donald Trump has the power to ban Bitcoin, what happens to Bitcoin in the future? the price of Bitcoin will continue to fall and die or the price of Bitcoin will continue to grow and increase? let's give your opinion because I want to hear your response.
People on the comments saying trump cannot ban bitcoin but did not think about getting jailed if they continue owning and trading bitcoin once their president impose it.
Do not under estimate the power of the common citizen, if you are living in a dictatorship reign you might be sent to jail but not in America. July 24, 2019, 06:50:18 AM
People on the comments saying trump cannot ban bitcoin but did not think about getting jailed if they continue owning and trading bitcoin once their president impose it. Trump just saying that he isn't a fan of btc has already made btc decline so think what damage it can deal to the price when he lose his head and bans it. US is very powerful and they can lead the worldwide ban of btc if possible.
July 24, 2019, 05:14:28 AM
The price might suffer slight fluctuations for a while but it would definitely come back up. Well Bitcoin existed before Donald Trump assumed the position of being the president of United States of America. Who cares if Donald Trump is not a fan of bitcoin but seriously don't fall for these schemes of whales okay. I am sure Donald Trump has some bitcoins stored on his ledger wallet. Most whales come up with such news just to shake the market and make people sell their Bitcoins.
July 24, 2019, 02:03:35 AM
In my opinion, if Donald Trump can ban Bitcoin, it will not make a heavy influence on bitcoin price. Because most of the countries are not accept Bitcoin as their main currency. The USA is also not accepted Bitcoin as the main currency. So there is little effect on Bitcoin price after Bitcoin ban for the USA. People who have not enough knowledge about bitcoin, they can make the price down by panic selling for few duration.
July 23, 2019, 07:46:53 PM
I think that even pres. Trump doesn't like bitcoin, he would not right away ban it, but still be possible to do so. Pres. Trump was not a fan of crypto or not a crypto enthusiast so we can possibly say he can ban it possibly but i think not immediately taking decisions.
July 23, 2019, 05:59:38 PM
We need to admit that if president of united states of America ban bitcoin it's really obvious there have and big effect for the price goes drops.
The last thought of trump their have an slight effect for bitcoin price drops because of panic, but I believe even bitcoin goes not into the zero if trump ban bitcoin.
The last thought of trump their have an slight effect for bitcoin price drops because of panic, but I believe even bitcoin goes not into the zero if trump ban bitcoin.
July 23, 2019, 10:02:14 AM
Is there any doubt that bitcoin would crash heavily if the USA banned it? All exchanges registered there would close and all american legal investors and funds would drop it.
Trump's tweets are not taken very seriously, but if it wasn't the main factor there are little doubts that his tweets helped bitcoin crash.
https://twitter.com/TheTIEIO/status/1150415614722433024
Imagine an american ban!
Not all publicity is good when we are talking about money.
And many influential commentators, politicians and studies are adding more negative fuel to the fire
https://www.project-syndicate.org/commentary/cryptocurrency-exchanges-are-financial-scams-by-nouriel-roubini-2019-07
https://research.bloomberg.com/pub/res/d28giW28tf6G7T_Wr77aU0gDgFQ
https://home.treasury.gov/news/press-releases/sm713
https://www.wsj.com/articles/most-bitcoin-trading-faked-by-unregulated-exchanges-study-finds-11553259600
Trump's tweets are not taken very seriously, but if it wasn't the main factor there are little doubts that his tweets helped bitcoin crash.
https://twitter.com/TheTIEIO/status/1150415614722433024
Imagine an american ban!
Not all publicity is good when we are talking about money.
And many influential commentators, politicians and studies are adding more negative fuel to the fire
https://www.project-syndicate.org/commentary/cryptocurrency-exchanges-are-financial-scams-by-nouriel-roubini-2019-07
https://research.bloomberg.com/pub/res/d28giW28tf6G7T_Wr77aU0gDgFQ
https://home.treasury.gov/news/press-releases/sm713
https://www.wsj.com/articles/most-bitcoin-trading-faked-by-unregulated-exchanges-study-finds-11553259600
July 23, 2019, 09:36:12 AM
The crypto community consists of members from all around the world. US alone consists of a heavy percentage of people who are active crypto users.
So if Trump bans cryptosurrency in the U.S. then it will surely create a big impact on the price of bitcoin.
The price of bitcoin will fall down for a while as many users will try to sell their coins. Once the price has met the bottom it should then increase over time.
So even if Trump bans bitcoin it will just create a temporary effect on the price of bitcoin.
So if Trump bans cryptosurrency in the U.S. then it will surely create a big impact on the price of bitcoin.
The price of bitcoin will fall down for a while as many users will try to sell their coins. Once the price has met the bottom it should then increase over time.
So even if Trump bans bitcoin it will just create a temporary effect on the price of bitcoin.
July 23, 2019, 09:20:34 AM
He is not a fan of bitcoin, my parents are not fans of bitcoin, my friends are not fans of bitcoin, so the problem here is that he does not say that he hates and gives serious threats to bitcoin users in his country, only you read junk news that is often created to create headaches , but unfortunately the price of bitcoin is being corrected not because Trump said that, so all bitcoin users and traders are more mature and smart enough, you can see out there a lot of media that is paid to make scary news even though it looks normal news, all will alright, see it later
July 23, 2019, 09:15:19 AM
Trump will never ban Bitcoin. If he could do it, Btc would have been already banned till now.
However, hypothetically speaking, if US would ban Btc, I think temporary we might see a price drop to ~4-5k again.
However, hypothetically speaking, if US would ban Btc, I think temporary we might see a price drop to ~4-5k again.
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