Topic: Will bitcoin's price rise above $1000 because Trump was elected president? - page 2. (Read 3332 times)
November 12, 2016, 06:03:55 PM
I don't expect that price of bitcoin rises to 1000$ only because Trump election, it will depend on its decisions on international commerce, and monetary decisions that could affect the $ and other currencies, we will need to wait some months before to see witch effect has on bitcoin price.
November 12, 2016, 04:59:44 AM
Despite the fact that Obama did not support bitcoin, it still thrived. Which goes to show that presidents don't have that strong an impact on crypto.
He may not have supported Bitcoin, but at least he wasn't meddling with it either. Let's be honest, this doesn't tell us anything about what his actions might have been and what impact they might have had if he had been openly hostile toward it.
It's days like this when I wish the ocean was warm enough to swim to Mexico. Or Granada. We got a little bitcoin pump, probably due to THE KNUCKLEHEAD winning, but I doubt it's sustainable. The stock market got a big pop, too, but traders don't have any clue what's coming. It's gonna be Nazi Germany circa 1940 all over again. Fuck Trump.
Trump is the opposite of Hitler. Their outward similarity of being showmen has nothing to do with their inner workings. Hitler was a fanatic of a rare kind, Trump is a rascal and swindler without doubt, which unmistakably shows through, but he is in no case a zealot or committed extremist.
November 12, 2016, 12:08:43 AM
I think it's possible to happen. After his election bitcoin rise up and many people started talk about it. If Clinton was elected she will follow the foot steps of Obama and she won't support it.
Despite the fact that Obama did not support bitcoin, it still thrived. Which goes to show that presidents don't have that strong an impact on crypto.
very good point.
also i want to add that we are already on the way up to $1000 price and all these things like Trump, Brexit and other political stuff are only helping the rise to get there with a smooth transaction.
November 11, 2016, 05:28:00 PM
I think it's possible to happen. After his election bitcoin rise up and many people started talk about it. If Clinton was elected she will follow the foot steps of Obama and she won't support it.
Despite the fact that Obama did not support bitcoin, it still thrived. Which goes to show that presidents don't have that strong an impact on crypto.
November 11, 2016, 05:26:36 PM
Stock markets are actually doing much better than predicted, so I don't think there will be a huge influx of dollars into Bitcoin.
The original movement into bitcoin happened because of events in Europe (Cyprus in 2013) and events in Europe remain the best hope for bitcoiners. The United States is too diverse and hence too self-regulating and stable to be a source of demand for bitcoin, no matter who is president.
November 11, 2016, 05:08:47 PM
It's days like this when I wish the ocean was warm enough to swim to Mexico. Or Granada. We got a little bitcoin pump, probably due to THE KNUCKLEHEAD winning, but I doubt it's sustainable. The stock market got a big pop, too, but traders don't have any clue what's coming. It's gonna be Nazi Germany circa 1940 all over again. Fuck Trump.
November 11, 2016, 04:38:53 PM
Stock markets are actually doing much better than predicted, so I don't think there will be a huge influx of dollars into Bitcoin.
Price may rise to $1000 eventually but there won't be any kind of spike unless there is some huge announcement.
If the stock market stays stable and Trump is actually able to reduce the national debt, the dollar could actually become stronger.
Price may rise to $1000 eventually but there won't be any kind of spike unless there is some huge announcement.
If the stock market stays stable and Trump is actually able to reduce the national debt, the dollar could actually become stronger.
November 11, 2016, 04:00:33 PM
People will only shift to bitcoin if they are afraid. But there is nothing much to be afraid of in the United States. The transition is going smoothly because both sides are determined it will be smooth. There is no challenge to the result, there is no instability. No-one will be seizing people's savings and it is likely that interest rates will rise.
All point to a rising dollar.
All point to a rising dollar.
November 11, 2016, 01:12:48 PM
The pump was so weak when he won the elections, Trump hype is over. Nor gold, nor bitcoin have reached to the moon because of Trump and it will never happen. Bitcoin only rose 20$ when Trump took the lead in the numbers. Gold rose only 50$. I believe it will reach 1000$ one day but it won't happen because of Trump.
November 11, 2016, 01:09:37 PM
it can only if Trump goes ahead and publicly and positively starts supporting bitcoin! then yeah you can say because he was elected president bitcoin price will go to $1000
but which politician or government you know who supports bitcoin and gives up on their own fiat?
but which politician or government you know who supports bitcoin and gives up on their own fiat?
None would ever do that, only those who who have a much broader view of bitcoin and all the technological innovation it's brought along. Seems like the Chinese have a much progressive take on bitcoin.
Yeah, we cannot expect that much from trump or the us government. We should watch more on how the chinese government will take bitcoin. They will have more positive effect to bitcoin.
That is right. There will be no fundamental changes in the US. There will be no tax cut as the cost is too high.
November 11, 2016, 12:59:40 PM
I think it's possible to happen. After his election bitcoin rise up and many people started talk about it.
Both bitcoin and gold rose after his election - and then both sort of subsided.
He won't get inaugurated till January 20th for a start, and that is more than two months away. After that, it depends entirely on the strength of the dollar. If the dollar is strong, bitcoin will rise, if it weakens it will fall.
November 11, 2016, 12:17:47 PM
I think it's possible to happen. After his election bitcoin rise up and many people started talk about it. If Clinton was elected she will follow the foot steps of Obama and she won't support it.
November 11, 2016, 11:29:52 AM
It all depends on whether the Fed raises interest rates in December.
If they do, bitcoin's price will stall against the dollar. If they hold off, bitcoin might rise.
If they do, bitcoin's price will stall against the dollar. If they hold off, bitcoin might rise.
November 11, 2016, 07:52:22 AM
it can only if Trump goes ahead and publicly and positively starts supporting bitcoin! then yeah you can say because he was elected president bitcoin price will go to $1000
but which politician or government you know who supports bitcoin and gives up on their own fiat?
but which politician or government you know who supports bitcoin and gives up on their own fiat?
None would ever do that, only those who who have a much broader view of bitcoin and all the technological innovation it's brought along. Seems like the Chinese have a much progressive take on bitcoin.
Yeah, we cannot expect that much from trump or the us government. We should watch more on how the chinese government will take bitcoin. They will have more positive effect to bitcoin.
November 11, 2016, 04:26:34 AM
it can only if Trump goes ahead and publicly and positively starts supporting bitcoin! then yeah you can say because he was elected president bitcoin price will go to $1000
but which politician or government you know who supports bitcoin and gives up on their own fiat?
but which politician or government you know who supports bitcoin and gives up on their own fiat?
None would ever do that, only those who who have a much broader view of bitcoin and all the technological innovation it's brought along. Seems like the Chinese have a much progressive take on bitcoin.
November 11, 2016, 04:13:42 AM
Nothing will really change now when Trump become the president.
Cryptocurrency is the least of his worries. So if you expecting some kind of regulation or official statement you will be disappointed.
Latest minor Bitcoin's price spike was caused by slight panic on the stock exchanges due to Trump's victory but this is only temporary.
Cryptocurrency is the least of his worries. So if you expecting some kind of regulation or official statement you will be disappointed.
Latest minor Bitcoin's price spike was caused by slight panic on the stock exchanges due to Trump's victory but this is only temporary.
I'm sure he has at best a very vague understanding of what bitcoin is, so it's definitely at the bottom of his priorities. He's got other way more urgent matters to take care for the time being and in the foreseeable future. I would be surprised if his office releases any coherent statement re tech in general by the end of the year.
November 11, 2016, 03:56:43 AM
If trump is a bitcoin supporter and own some bitcoins, sure it will.
November 11, 2016, 01:32:08 AM
Trump being President may/may not affect the price of Bitcoin. I think time can only tell. Maybe, if Trump goes out in the open and supports BTC in a large scale, it might grow to $800-$850 fast. $1000 might be very difficult. It all depends on the fact of whether he knows about BTC or not and whether he will support BTC or not.
November 11, 2016, 01:27:23 AM
it can only if Trump goes ahead and publicly and positively starts supporting bitcoin! then yeah you can say because he was elected president bitcoin price will go to $1000
but which politician or government you know who supports bitcoin and gives up on their own fiat?
but which politician or government you know who supports bitcoin and gives up on their own fiat?
November 11, 2016, 12:33:33 AM
I am sure that bitcoin is independent from such thing as politic. But the States are on the third place among countries with biggest number of bitcoin users. So politic of Trump to bitcoin can affect on bitcoin. I believe that with Teump's positive decisions to bitcoin or without, one day bitcoin will reach the point of 1000$.
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