However you cannot really say anything, because he is a new guy in politics- so he is unpredictable. All you can do is wait, and see what is going to happen with markets, and of course with btc
Topic: Why Trump presidency may turn out beneficial for Bitcoin long term - page 2. (Read 3067 times)
November 14, 2016, 08:29:47 AM
Well, i dont think that Trump presidency may be a hard times for bitcoin, i would rather think reversed- trump may allow people, and even encourage them to use btc, because this is a free world: he is not a guy who wan't to put kids to prison for stupid things- he is a realist.
However you cannot really say anything, because he is a new guy in politics- so he is unpredictable. All you can do is wait, and see what is going to happen with markets, and of course with btc
However you cannot really say anything, because he is a new guy in politics- so he is unpredictable. All you can do is wait, and see what is going to happen with markets, and of course with btc
November 14, 2016, 08:00:45 AM
Everything said by Trump was true.
He said the truth. That's why so many people didn't like him. Half of the American population are living in a dream. Time to wake people up.
Illegal immigration is illegal. If you are illegal, you deserve to get your ass deported. Simple as that.
He is going to create jobs for legal citizens. If you don't own an American ID get your ass back to where you belong and don't block people who try to get that id legally.
He said the truth. That's why so many people didn't like him. Half of the American population are living in a dream. Time to wake people up.
Illegal immigration is illegal. If you are illegal, you deserve to get your ass deported. Simple as that.
He is going to create jobs for legal citizens. If you don't own an American ID get your ass back to where you belong and don't block people who try to get that id legally.
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November 14, 2016, 07:53:05 AM
Donald trump's presidency might really be affecting the bitcoin's price now and might affect long term but I think it there's still a percent where trump will cause some dumps over bitcoin's price but he might also cause a price rise now that some stock market is falling down in price and he might cause uncertainty in stock market, causing investors to look for way to store money and that alternative is bitcoin.
if it was from my opinion,the trump being elected actually didn't directly affect bitcoin but through the falling of dollar's value and then the price of bitcoin rising because of it,i guess it will stay rising for a long time until USA recover its economic by doing few steps which will give a good impact for them,just wait and see November 14, 2016, 07:37:34 AM
Donald trump's presidency might really be affecting the bitcoin's price now and might affect long term but I think it there's still a percent where trump will cause some dumps over bitcoin's price but he might also cause a price rise now that some stock market is falling down in price and he might cause uncertainty in stock market, causing investors to look for way to store money and that alternative is bitcoin.
November 14, 2016, 01:37:28 AM
I personally feel that after Trump coming to power we will see a drop in the stock market which we already are sort of seeing, this probably could also lead to a drop in the gold price(which dropped 5-6% as well). However I am expecting to see a boost in the bitcoin price because of the affects on investors from other countries.
November 13, 2016, 08:26:48 PM
Actually trump seem to be a guy with lots of Patriotism and he may really start banning foreign goods and may build wall between mexico and american border however as being president of world most powerful country it will be not easy for him to get all his promises done as he also have to make United state Congress to agree upon this and i highly doubt he will get that much support in this things.
However sudden price spike was nice to watch after he got elected, i think there will be lot more good news coming for bitcoin in near future.
However sudden price spike was nice to watch after he got elected, i think there will be lot more good news coming for bitcoin in near future.
Can't wait to see what will be his actions in his first 100 days as a president but I hope that it will be the best for their country. His promises will be the center of attraction especially for the media to see if he can make it happen somehow and it's going to be tough job for Trump.. for the meantime let's enjoy the value of bitcoin price which I believe will be good until the future.
Yeah, we just wait and see what will he do in 100 days as a president, could it be better or worse for bitcoin.
There are so many people who feel strongly about this nutjob's presidency, and it gladdens my heart that people are protesting. I'm truly frightened for the country.
November 13, 2016, 07:32:11 PM
With Clinton anti-bitcoin then yeah, Trump would be for bitcoin to appeal more to the voters during the election. And now that he won it seems to had brought bitcoin up a bit for a little while atleast but now that everything is said and done, it has gone back down to the level before the result of the election was. 
November 13, 2016, 06:32:18 PM
Actually trump seem to be a guy with lots of Patriotism and he may really start banning foreign goods and may build wall between mexico and american border however as being president of world most powerful country it will be not easy for him to get all his promises done as he also have to make United state Congress to agree upon this and i highly doubt he will get that much support in this things.
However sudden price spike was nice to watch after he got elected, i think there will be lot more good news coming for bitcoin in near future.
However sudden price spike was nice to watch after he got elected, i think there will be lot more good news coming for bitcoin in near future.
Can't wait to see what will be his actions in his first 100 days as a president but I hope that it will be the best for their country. His promises will be the center of attraction especially for the media to see if he can make it happen somehow and it's going to be tough job for Trump.. for the meantime let's enjoy the value of bitcoin price which I believe will be good until the future.
Yeah, we just wait and see what will he do in 100 days as a president, could it be better or worse for bitcoin.
November 13, 2016, 03:02:45 PM
It is too early to know if the effects will be positive, but in the long term I do not see negative points for Bitcoin in this regard. Even if the government tried to compromise Bitcoin's progress, it would simply make bitcoin even more popular.
As for me, the best thing that a government could ever do for Bitcoin is to stay away from it entirely, with all their regulations, laws, and rules. Whenever government starts meddling with something, you can be pretty sure the results will be devastating. Also, I don't think that attempts at compromising Bitcoin, its progress or adoption could actually help any of these or make Bitcoin more popular all in all.
In my view, this is no more than a juvenile attitude.
November 13, 2016, 01:58:26 PM
Trump's vision and mission are may different than others people ( sometimes his taught can unexpected people to think )
I can say one, he able notice on bitcoin and bring a bright change for bitcoin
I can say one, he able notice on bitcoin and bring a bright change for bitcoin
November 13, 2016, 01:28:55 PM
It is too early to know if the effects will be positive, but in the long term I do not see negative points for Bitcoin in this regard. Even if the government tried to compromise Bitcoin's progress, it would simply make bitcoin even more popular.
November 13, 2016, 01:09:00 PM
The problem with China is the wages, they pay a low salary and this reflect in the world economy.
I don't think it will reflect in some way in bitcoin, USA isn't a power when you talk about bitcoin.
Of course USA isn't the one having absolute power to controll bitcoin but I guess that they can use the influence they have got among world countries to alter economic policies which can directly may have positive or negative impacts on bitcoin ecosystem, Lets wait what Mr.Trump have planned to shock or surprise us. I don't think it will reflect in some way in bitcoin, USA isn't a power when you talk about bitcoin.
November 13, 2016, 12:47:20 PM
when people say Trump presidency is beneficial for bitcoin and price to the moon, etc it is mostly a speculation type of thing because we really don't know anything about it yet.
but also it is because Trump is a businessman and has so many plans regarding economy and technology and stuff like that and he has talked about bitcoin too.
so there are some positive stuff in there to lead to that speculation
but also it is because Trump is a businessman and has so many plans regarding economy and technology and stuff like that and he has talked about bitcoin too.
so there are some positive stuff in there to lead to that speculation
I certainly agree that we are speculating here for the most part. But what distinguishes speculation from wishful thinking is the basis on which speculation is founded and the lack of such in case of wishful thinking. Basically, Trump has promised that he is going to restrict imports from China. Will this affect Bitcoin, provided he delivers on his promises? I tend to think that it will, but you are open to disagree, of course.
November 13, 2016, 10:24:03 AM
when people say Trump presidency is beneficial for bitcoin and price to the moon, etc it is mostly a speculation type of thing because we really don't know anything about it yet.
but also it is because Trump is a businessman and has so many plans regarding economy and technology and stuff like that and he has talked about bitcoin too.
so there are some positive stuff in there to lead to that speculation
but also it is because Trump is a businessman and has so many plans regarding economy and technology and stuff like that and he has talked about bitcoin too.
so there are some positive stuff in there to lead to that speculation
November 13, 2016, 10:07:43 AM
Trump can not do something for Bitcoin, and also for Chinese goods import in US. Bitcoin have many millions of users in USA, and what can he do. The only thing, which he can do - advert Bitcoin from Whitehouse in TV etc. But 80% will probably forget this after one week.
November 13, 2016, 05:24:55 AM
If he does make "america great again" meaning the dollar then GOLD will drop alongside BTC.
There is no doubt about that. But what distinguishes gold from Bitcoin is the level of their potential "fall". While Bitcoin may actually collapse a few times, especially if Trump is serious about banning Chinese goods from entering the US markets as well as prohibiting Bitcoin itself, gold is unlikely to suffer massive drop in prices. There are quite a lot of so-called "gold bugs" and pro-gold governments as well which will be start buying gold in massive amounts without a second thought if its price goes down a few hundred dollars.
In my view, gold can hardly fall substantially below $1,000 per ounce.
November 12, 2016, 06:18:16 PM
If he does make "america great again" meaning the dollar then GOLD will drop alongside BTC.
November 12, 2016, 03:20:08 PM
Bitcoin is going to go 1000+ dollars next year, it's pretty inevitable at this point. Donald Trump is going to start smooth, to make the markets calm and relax about his election. When things start looking normal and boring again, he will start pushing everything he said in the campaign, and this will start shaking the markets big time, and bitcoin will go to the moon.
I don't think he should or will wait till markets relax and calm down. If he is going to deliver on his promises, I'm afraid, waiting makes no particular sense. I would rather say he may have to act quick and harsh as he is known to act. If he follows his violent nature, markets will soon get used to the shocks he will likely produce, quickly exhaust their "adrenaline" stores, in a sense, and as quickly return to their baseline levels determined by fundamental factors and usual hype.
November 12, 2016, 12:20:26 PM
Bitcoin is going to go 1000+ dollars next year, it's pretty inevitable at this point. Donald Trump is going to start smooth, to make the markets calm and relax about his election. When things start looking normal and boring again, he will start pushing everything he said in the campaign, and this will start shaking the markets big time, and bitcoin will go to the moon.
November 12, 2016, 11:42:43 AM
Among his many campaign promises as a candidate for the US presidency, Donald Trump has also been promising to close the US markets for the Chinese goods, at least partially. That, according to him, will help restore American jobs that he accused China of stealing. If he ever lives up to his promises and actually does something to that tune, it will certainly cause further devaluation of Yuan, the national currency of China. But the Yuan devaluation seems to be one of the primary drivers behind the growth of Bitcoin for the last two years, along with the reward halving.
What are your opinions on the consequences of his economic policy in regard to Bitcoin and its price in the long term?
First all I have doubt if Trump can deliver on his promise as banning Chinese products will gave lots of economic effects. What are your opinions on the consequences of his economic policy in regard to Bitcoin and its price in the long term?
Second bitcoin is independent of most economic moves and I don't think any such decision will have much influence on bitcoin price
Obamacare for example was labled as a desaster by him and that it should be repealed.
Now he has announced that there are a few parts of Obamacare he likes quiet well.
I'm really not sure where we are heading with him. Especially not in terms of economy.
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