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Topic: What you think of Trump & Bitcoin? - page 2. (Read 1935 times)

full member
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
February 05, 2017, 04:21:08 PM
#20
Trump may see Bitcoin as an opportunity for trade abroad. No matter how the history looks, it's growth and what inspires innovators to do in this virtual economy make it all worthwhile to spur more investment.

It's essential to boost effort in a variety of economies to strengthen gains and i'm sure the international community would motivate any leader to start looking into BTC.
hero member
Activity: 798
Merit: 500
February 05, 2017, 03:52:56 PM
#19
What I think of Trump and Bitcoin is that in my personal opinion, Trump is probably not able to grasp the idea of Bitcoin. Perhaps if it is explained to him in simple english repeatedly, there's a small chance that he could get a glimpse on what this is all about. Perhaps that has happened already. I'm waiting for a statement on Bitcoin of him to appear.
sr. member
Activity: 381
Merit: 250
February 05, 2017, 03:50:26 PM
#18
As what can I see I think he
doesn't care about bitcoin but
it is better if he will support it.
legendary
Activity: 1288
Merit: 1087
February 05, 2017, 03:42:43 PM
#17
http://www.coindesk.com/making-sense-hillary-clintons-bitcoin-rejection/

this says plenty about what the democrats feel about it. i dunno if donald will be better for it but probably no worse. the most likely outcome is that he'll do zilch.
hero member
Activity: 700
Merit: 500
February 05, 2017, 03:41:59 PM
#16
Trump’s plan to increase infrastructure spending, alongside further rate hikes from the Federal Reserve, will cause the already surging dollar to “hit the moon.”
The strong dollar will force emerging markets to seek an alternative currency. And here is where bitcoin comes in. So I predict it to hit 2000$ while Trump is the president
legendary
Activity: 1218
Merit: 1007
February 05, 2017, 03:39:07 PM
#15
I think he's gonna crack down on Bitcoin once he settles down.

Polls are up:
https://twitter.com/PRVirtualCoin/status/828287000755130368
Doubtful he's going to really do anything about it. He's said that one of the big things that he wants to do is make Americans wealthy again, and depending on what he wants to do and what happens with his tax plan, I think it is more likely he will do nothing to Bitcoin rather than do anything to regulate it, but we have yet to see.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 05, 2017, 03:35:55 PM
#14
I think he's gonna crack down on Bitcoin once he settles down.

Polls are up:
https://twitter.com/PRVirtualCoin/status/828287000755130368

What makes you think this?  are you just a Trump basher?  Trump has appointed some very prominent bitcoin people to very important roles in his administration.  and he's a businessman.  Bitcoin is good for business  Grin
As quoted several technology giants who have very close relation with bitcoin as well in the digital currency ecosystem is found in the administration of Trump. This for sure gives hope that Trump support bitcoin as well won't make any banning within the country. Now it seems that he's busy with the cross border conflicts and increasing job to his people.
hero member
Activity: 850
Merit: 1000
February 05, 2017, 03:34:36 PM
#13
Trump has Peter Thiel, co-founder of Paypal and Mick Mulvaney on his team, and both of them have very favorable views of crypto. Republicans have control of the House, Sentate, and Presidency, and Republicans have been more favorable toward crypto than Democrats (https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country#United_States). For example, the only states that have passed regulations against crypto are Democrat states, such as New York. The three Democrats on the Federal Election Commission voted against allowing Bitcoin donations for Federal political candidates, while the three Republicans voted to allow Bitcoin.

So, given their history and those facts, I think things will be favorable for crypto.

Btw, I'm libertarian, neither Democrat nor Republican.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
February 05, 2017, 03:26:19 PM
#12
Maybe Trump won't do anything related to bitcoin. At this moment he has more important things to do and to think than bitcoins. It's not affecting the country a lot as another issues are affecting and those are the first things he will take actions about.
Bitcoin is a virtual currency that don't make many persons talk about it yet, it's still starting like all another crypto currencies.
full member
Activity: 121
Merit: 100
February 05, 2017, 02:57:16 PM
#11
If Trump wars directly on the bitcoin system, there may be a problem. In other words, bitcoin can be adversely affected if it tries to enforce sanctions against miners in the US.

Apart from that, there is not much that Trump can do economically for bitcoine. In the end we are talking about a decentralized system. Bitcoin will always be.
hero member
Activity: 1260
Merit: 524
February 05, 2017, 02:56:25 PM
#10
India's RBI issues Warning against Bitcoin on Friday?
http://www.econotimes.com/Reserve-Bank-of-India-cautions-users-against-bitcoin-521930

Until India & China allows open Bitcoin trading, it would be struggle for BTC.

Ya it is true that RBI have given warning to all bitcoin users to be ready if their is any law against bitcoin and even it is said that what exchanges running for bitcoin are not licensed and they are also eligible for any law problem.
sr. member
Activity: 360
Merit: 250
February 05, 2017, 02:52:28 PM
#9
India's RBI issues Warning against Bitcoin on Friday?
http://www.econotimes.com/Reserve-Bank-of-India-cautions-users-against-bitcoin-521930

Until India & China allows open Bitcoin trading, it would be struggle for BTC.
It was just a simple warning to the users to be cautious while dealing with bitcoin as you cannot claim for the damages if the company you are dealing runs away with your savings and nothing more.If people from China and India adapt to bitcoin that is more than enough to see a spike in the price of bitcoin as they are the largest populated countries .

Agree, 99% in India either never heard bitcoin or know how to use/trust digital currency. This is a fact.
hero member
Activity: 1302
Merit: 532
February 05, 2017, 02:20:06 PM
#8
India's RBI issues Warning against Bitcoin on Friday?
http://www.econotimes.com/Reserve-Bank-of-India-cautions-users-against-bitcoin-521930

Until India & China allows open Bitcoin trading, it would be struggle for BTC.
It was just a simple warning to the users to be cautious while dealing with bitcoin as you cannot claim for the damages if the company you are dealing runs away with your savings and nothing more.If people from China and India adapt to bitcoin that is more than enough to see a spike in the price of bitcoin as they are the largest populated countries .
legendary
Activity: 1904
Merit: 1074
February 05, 2017, 12:48:03 PM
#7
It would make no sense to go up against Bitcoin, because it cannot be stopped. The technology is decentralized and you cannot stop people

from using it or shut it down. They can force merchants, not to accept it, but then people can use it globally. We know people always find a

way to bypass restrictions. { Examples : China / Firewalls }  Roll Eyes
sr. member
Activity: 360
Merit: 250
February 05, 2017, 12:43:30 PM
#6
India's RBI issues Warning against Bitcoin on Friday?
http://www.econotimes.com/Reserve-Bank-of-India-cautions-users-against-bitcoin-521930

Until India & China allows open Bitcoin trading, it would be struggle for BTC.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
February 05, 2017, 12:37:13 PM
#5
I think he's gonna crack down on Bitcoin once he settles down.

Polls are up:
https://twitter.com/PRVirtualCoin/status/828287000755130368

What makes you think this?  are you just a Trump basher?  Trump has appointed some very prominent bitcoin people to very important roles in his administration.  and he's a businessman.  Bitcoin is good for business  Grin

well, Bitcoin allows to avoid taxes, capital gain, underground economy etc, Uncle Sam will never like this.

avoid taxes : no
capital gain : yes and it can be taxed
underground economy : yes but not in the size that you think, it is so much smaller and also traceable.

ps. make the poll here, many of us do not have twitter and don't need it.
sr. member
Activity: 360
Merit: 250
February 05, 2017, 12:33:35 PM
#4
Holy shiiiit, I supported Trump accidentally.... can I change my POLL choice in twitter now  Roll Eyes Don't see any option to change it now.
sr. member
Activity: 360
Merit: 250
February 05, 2017, 12:30:22 PM
#3
I think he's gonna crack down on Bitcoin once he settles down.

Polls are up:
https://twitter.com/PRVirtualCoin/status/828287000755130368

What makes you think this?  are you just a Trump basher?  Trump has appointed some very prominent bitcoin people to very important roles in his administration.  and he's a businessman.  Bitcoin is good for business  Grin

well, Bitcoin allows to avoid taxes, capital gain, underground economy etc, Uncle Sam will never like this.
hero member
Activity: 1106
Merit: 521
February 05, 2017, 12:27:53 PM
#2
I think he's gonna crack down on Bitcoin once he settles down.

Polls are up:
https://twitter.com/PRVirtualCoin/status/828287000755130368

What makes you think this?  are you just a Trump basher?  Trump has appointed some very prominent bitcoin people to very important roles in his administration.  and he's a businessman.  Bitcoin is good for business  Grin
sr. member
Activity: 360
Merit: 250
February 05, 2017, 12:23:31 PM
#1
I think he's gonna crack down on Bitcoin once he settles down.

Polls are up:
https://twitter.com/PRVirtualCoin/status/828287000755130368
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