Topic: What most beginners don't get about Bitcoin - page 4. (Read 655 times)
The US election effect on bitcoin cannot be overemphasized as everyone is now talking more about it and how they fell it will affect bitcoin globally. I don’t really fancy the way the election of one place will have so much effect on a currency as it’s been speculated. They can’t stop the existence of bitcoin, they can only slow its adoption or further increases it depending on what the view of the reigning government has about it. It is better those news can stop having effect on bitcoin, the future of something unique can’t be more tied to only one country.
To be sincere I'm getting tired of seeing the election candidates name.
Everybody there would always be a new thread about it.
No it won't be the end of Bitcoin but it would slow it's adoption and growth.
No matter are we say it,Bitcoin exist in an environment and would be affected by factors in the environment
But mostly in a short period of time
Before everybody starts considering it old news.
It is understandable that you are tired of it, but at the same time it was completely inevitable, this particular election is attracting the attention of people all over the world and even foreign governments are following the election too, since both candidates seem to have a completely opposite worldview about most topics, so it is reasonable to assume that even if bitcoin will continue to exist, the election of one or the other candidate could bring different results when it comes to the short term adoption and the price of bitcoin. Everybody there would always be a new thread about it.
No it won't be the end of Bitcoin but it would slow it's adoption and growth.
No matter are we say it,Bitcoin exist in an environment and would be affected by factors in the environment
But mostly in a short period of time
Before everybody starts considering it old news.
Politics remains politics. It's just the fact that we just experience the halving and bitcoin is still in its doubt level where we don't know exactly the way it's facing and unfortunately we have the election too coming up having this two events (bitcoin's bull run) and US presidential election has only spiked some kind of behaviour in the crypto space.
In the end politics has nothing to determine for bitcoin, bitcoin will keep playing its role in the space till God knows when hence even the soon to be elected president will evacuate the position yet bitcoin remains.
In the end politics has nothing to determine for bitcoin, bitcoin will keep playing its role in the space till God knows when hence even the soon to be elected president will evacuate the position yet bitcoin remains.
This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin, I have too many people screaming this in my ear and I am sick of it.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
Many of us understand and believe you on this. The issue is not that people are scared that if a bitcoin unfriendly president emerges, that it will be the end of bitcoin. No!As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
People are just scared of the temporary price change that it will bring to the market. Whether we like it or not, the US election result will surely impact the market, so it is that short period of impact in the market that people are scared of.
Mostly, majority of the speculators believe that if a pro bitcoin candidates emerges, it will facilitate 2025 bull run, but if otherwise, we might return to the bear market from here.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
This is why I am not even commenting for now with those election related threads that are connecting with Bitcoin prices. Because whoever wins there and whoever sits on the White House, Bitcoin doesn't care at all and it doesn't matter who wins it. The charts speak for itself, Bitcoin will get to the top no matter what happens. It's more concerning about the situation of the world like what the pandemic has came and the wars that has triggered than of the election but I know that these global economical issues and wars that are happening has something to do with the US election's. Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
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This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin
I like how you omitted who is the supposed cruel presidential candidate.
Curious point by the way. Unfortunately, the sample size of all US presidents since the invention of bitcoin is too small (N = 3 or 4 if you count the second terms) to draw any meaningful conclusions. Nevertheless, with a high degree of certainty, I can predict that bitcoin will outlive the US... and its last president.
This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin, I have too many people screaming this in my ear and I am sick of it.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
Hmmm, this is quite interesting because I have never really seen the movement of Bitcoin from this angle but now that you pointed it out, I think November, December and January will certainly be a promising month regardless of who gets the seat of the president. Bitcoin has continued to show it's strength and prove to the many doubters that it has truly come to stay and am just suprised why other countries don't look at it the way the El Salvadoran president see Bitcoin.
I think the end game will be the same but you need to understand that the day that Kamala harris wins the race, it will be a bearish time for crypto. For at least a few months. If Trump wins then it will be the complete opposite.
Yes the presidents in the past had little to do with bitcoins performance, however we need less regulation and not more. If we get more regulation then less people will want to get involved with crypto. Look at how difficult it is to make a exchange account due to all these regulations, people will just skip crypto all together unless the rules are relaxed and that will only happen under a Trump administration.
Yes the presidents in the past had little to do with bitcoins performance, however we need less regulation and not more. If we get more regulation then less people will want to get involved with crypto. Look at how difficult it is to make a exchange account due to all these regulations, people will just skip crypto all together unless the rules are relaxed and that will only happen under a Trump administration.
No US president has ever done anything good for bitcoin and I doubt this one will, yet we always had a bull market.
It is true that no US President has done anything for Bitcoin, but it is constantly seen that US Presidents are confident about Bitcoin when it comes to election, but they do nothing about it after the election.
Bitcoin2024 discussed about Trumps crypto a few month ago. Trump returned to the White House promising to make the US "the crypto capital" of the planet. But it appears he will do nothing more after the election.
To be sincere I'm getting tired of seeing the election candidates name.
Everybody there would always be a new thread about it.
This election became unique because a particular candidate began to campaign with Bitcoin. And this is the first time a leading candidate is doing such. So we might keep seeing threads like this till after the elections. Everybody there would always be a new thread about it.
Quote
No it won't be the end of Bitcoin but it would slow it's adoption and growth.
No matter are we say it,Bitcoin exist in an environment and would be affected by factors in the environment
But mostly in a short period
Before everybody starts considering it old news.
Economic and political happenings will always influence the Bitcoin price. But the market will always stabilize within a short period. We don't need to support any candidate for Bitcoin to survive because it has become a key player in the global financial system. No matter are we say it,Bitcoin exist in an environment and would be affected by factors in the environment
But mostly in a short period
Before everybody starts considering it old news.
IMO this is a conicidence that a bull market comes in 4 year cycles, just like US election. The way I see it, halving decreases the amount of bitcoin being sold by miners and increases the price at which they have to sell, which impacts the total price, but it doesn't happen immediately. New coins have to be mined first.
No US president has ever done anything good for bitcoin and I doubt this one will, yet we always had a bull market.
No US president has ever done anything good for bitcoin and I doubt this one will, yet we always had a bull market.
Years back, so many people, including politicians and influencers, spoke about bitcoin with the intention of discouraging its adoption, but here we are now; -snip-
I still remember DT talking about Bitcoin in Twitter when he wasn't giving a s*** for it some years ago when he got elected. And now he wants to create a reserve, yes, that's where we are now. Perhaps he had not yet accumulated enough at that time.
Some candidates can boost adoption while some others slow it down, but I am of your same opinion when you say that it matters little in general as to its future.
The end of Bitcoin will come when they shut down the internet.
And you can best believe they would love that.
And you can best believe they would love that.
Years back, so many people, including politicians and influencers, spoke about bitcoin with the intention of discouraging its adoption, but here we are now; it is near impossible to stop bitcoin at this stage. The adoption rate is high and it keeps growing everyday as the world gets to know about it.
So always ignore people who make those negative comments about bitcoin, it's their choice if they choose not to accept it, but it doesn't change the fact that bitcoin keeps growing and the market will keep doing well. The best I think the government can do now is try to control it. Hopefully they don't.
So always ignore people who make those negative comments about bitcoin, it's their choice if they choose not to accept it, but it doesn't change the fact that bitcoin keeps growing and the market will keep doing well. The best I think the government can do now is try to control it. Hopefully they don't.
To be sincere I'm getting tired of seeing the election candidates name.
Everybody there would always be a new thread about it.
No it won't be the end of Bitcoin but it would slow it's adoption and growth.
No matter are we say it,Bitcoin exist in an environment and would be affected by factors in the environment
But mostly in a short period of time
Before everybody starts considering it old news.
Everybody there would always be a new thread about it.
No it won't be the end of Bitcoin but it would slow it's adoption and growth.
No matter are we say it,Bitcoin exist in an environment and would be affected by factors in the environment
But mostly in a short period of time
Before everybody starts considering it old news.
This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin, I have too many people screaming this in my ear and I am sick of it.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
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