I think for now its impossible that the price of bitcoin can break $2000 value because of trump..
Even here in my country many people are protest about trump it can not affect the value of bitcoin and push the price to high..
Trump has no connection with bitcoin and bitcoin still anonymous and not connected in governments..
Topic: Will Bitcoin break $2000? because of Trump? - page 7. (Read 5811 times)
Bitcoin will reach 2000$ with or without Trump. There are too many good things happening for bitcoin right now that you cannot attribute the price increase into one person alone. Maybe Trump can help boost the price but he cannot bring it close to 2000 alone. If ETF gets approved, it will help. If segwit gets activated, it may help again.
Trump is concentrating on recovering or strengthening the American economy, so we might see a much stronger Dollar in the coming years.
He is also not very fond of the Chinese and the Mexicans, so you might see less currency going over the border to Mexico. If the Mexicans
use Bitcoin to bypass or circumvent the US Capital controls, then we might see more regulation in the USA to control this. All this will
influence Bitcoin negatively.
He is also not very fond of the Chinese and the Mexicans, so you might see less currency going over the border to Mexico. If the Mexicans
use Bitcoin to bypass or circumvent the US Capital controls, then we might see more regulation in the USA to control this. All this will
influence Bitcoin negatively.
Bitcoin has really started this year off wild!
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
Anything which Trump does might not surprise the market. If the market is not surprised or shocked, then Bitcoin will not have a huge boost.
So the current price reflects all of Trump's actions and proposed actions.
It may not get a powerful boost but it still may gain value little by little. And we have already seen that how it happened over a year ago (starting in early September, 2015) when Bitcoin price had started to rise gradually step by step. Coincidence or not, this rise is well correlated with the Chinese authorities slowly but surely devaluing Renminbi. Now Trump comes out and says that the dollar is too expensive. What if he starts another round of quantitative easing squared? I guess the dollar depreciation will be more sharp and less gradual than that of the Chinese Yuan, and the effect of it on Bitcoin and its price will be by far more pronounced...
The markets can't possibly front-run dollar inflation until it really comes about
Bitcoin has really started this year off wild!
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
Anything which Trump does might not surprise the market. If the market is not surprised or shocked, then Bitcoin will not have a huge boost.
So the current price reflects all of Trump's actions and proposed actions.
Wait for it guys, you know that we never reached new ATH since 2013? And suddenly we want to almost double that? Based on what?
Trump having indirect effect on price of BTC is very far fetched assumption, so far in history of Bitcoin political events had very minor effect on BTC price.
Trump having indirect effect on price of BTC is very far fetched assumption, so far in history of Bitcoin political events had very minor effect on BTC price.
If Trump does a spending binge, all that will happen is that the Federal reserve will raise interest rates. Rising interest rates will strengthen the dollar against all currencies and against gold and bitcoin.
Bottom line is that Americans still trust the greenback.
Bottom line is that Americans still trust the greenback.
from Trump's election until today we have seen many good news and rises, and i think it has been really effective in this rise. but i don't think he will drive the price up to $2000 alone !
unless he drives US economy to shit, which is unlikely, i don't see him being the only reason for bitcoin price rise.
unless he drives US economy to shit, which is unlikely, i don't see him being the only reason for bitcoin price rise.
I believe that bitcoin will break $2000 this year in Trumps time but not because of the administration of Trump. Bitcoin have been in a growing industry before he entered presidency so it is the demand of cryptocurrency that makes it break the record. But, I believe that Trump supports bitcoin.
For me, Bitcoin will break 2000$ this year but Trump has nothing to do with this. Bitcoin by itself has so much power and trust that it can reach even beyond 2000$ without needing any support from Trump. I Still wonder why people relate Trump with Bitcoin. No connection between the two
I believe that bitcoin will break $2000 this year in Trumps time but not because of the administration of Trump. Bitcoin have been in a growing industry before he entered presidency so it is the demand of cryptocurrency that makes it break the record. But, I believe that Trump supports bitcoin.
Let`s see, if their staff ignore Bitcoin or make favorable things, $2000 is possible this year or next, with the correct economic conjecture.
If they decide to regulate it in a bad way, or tax it, or restrict it, won't be good for price of course
I don't know what is their position regarding to BTC, if any
If they decide to regulate it in a bad way, or tax it, or restrict it, won't be good for price of course
I don't know what is their position regarding to BTC, if any
Bitcoin has really started this year off wild!
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
That was a typical pump-and-dump event
And now we have basically risen only around 100 dollars over the baseline of about 750-780 dollars per coin (the highs we reached as back as in June). Could we reach 2,000 dollars in 2017? Yes, we certainly could if another such pump would happen. Could we reach that figure on a more or less consistent basis? I suspect that we can't, and after a pump a dump will necessarily come. The dollar rally you refer to would most likely bring the Bitcoin price in dollars down unless by "rally" you actually mean an inverse rally, i.e. a crash that would severely devalue the dollar
Bitcoin has really started this year off wild!
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
Bitcoin will not break the $2000 range just because of Trump and his plans.
If it should happen there will be several reasons be responsible for it.
But never it will be Trump alone having such a big effect on the BTC price.
And in general spoken I think this year will be a hell of a ride, in both directions!
Well, if it will happen at the end of the year, then it's possible. bitcoin prices at the end of the year really always rise to the height, especially at this time. if trump support bitcoin, bitcoin then the price could reach $ 2,000 by the end of the year or even higher than that.
bitcoin will reach $2000 and maybe even by the end of 2017 if we are lucky but it wouldn't be because of trump. i'd say he will be pretty effective in the rise but bitcoin price rise of this magnitude can not happen just because of president of one country.
I too believe the same, the price might move forward or downwards. It won't touch $2000 in relation to the inauguration of Trump as the President of United States. As mentioned the price could mostly reach $2000 by the year end, if the same growth happen similar to the past year end.
bitcoin will reach $2000 and maybe even by the end of 2017 if we are lucky but it wouldn't be because of trump. i'd say he will be pretty effective in the rise but bitcoin price rise of this magnitude can not happen just because of president of one country.
Trump could be one of the factor for pump in this year but he can't be only reason for this. As many have speculated bitcoin price will surpass $2k by end of this year, i also think this is possible because buy support is growing even when there was bigger dumps and fuds like recent PBOC fud which shows demand for bitcoin is increasing.
It's not impossible but it won't be because of Trump. I know it's good that he's a businessman and won't fight new technologies but support them, but people are expecting too much. We need to wait until he makes a move and shows that he's willing to support bitcoin. Being passive won't do much good in this case.
trump inauguration dollar price is down
you can read USD chart, during tuesday until now dollar price is down
in corection USD is very big
so inauguration trump is not good effect in USD
so not effect to bitcoin price
you can read USD chart, during tuesday until now dollar price is down
in corection USD is very big
so inauguration trump is not good effect in USD
so not effect to bitcoin price
Bitcoin has really started this year off wild!
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.
What do you guys think?
I don't think so. Trump will not affect the price of bitcoin to reach $2,000, it's too much. Maybe it will increase slightly, but will not reach $2,000 suddenly. IF Donald Trump speak something GOOD about bitcoin, it will affect for sure, it even can reach more than $2,000.
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