Will Bitcoin break $2000? because of Trump?

[digitokash]

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?

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[goinmerry]

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?

As one of the factor yes but not to the point that just because of that scenario, bitcoin price will hit $2,000. Also even there's no such thing like that, bitcoin price can reached $2,000 with just a super attempt of those big hoarders to bring the price up. The one you have read is another speculation after all like we are doing usually here in this section

That's how bitcoin will be in the future, continous rising at the end. Of course while on journey getting to the moon, expect also some big crash as people also wants to buy coins at cheap rates.

[Gotottack]

I don't think so. Well not because of trump, but because of the people he may put in power at the time he becomes president. Even if bitcoins are decentralized, I still believe governments will be the key to it's mass adoption. So, if we get some people in high places to create some laws or regulations that would improve the position of bitcoins, then that would be the time we leap to $2,000.

[alyssa85]

Trump has made some noises about the strength of the dollar and how he would like it to be weaker, but it is out of his hands. The Fed is on a course of raising interest rates, which will strengthen the dollar. There is nothing Trump can do about that, which means that the dollar is a good store of value.

[Holliday]

Is Trump planning on banning cash?

[Wind_FURY]

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?

If the Donald tells congress to create more laws limiting the movement of money going outside the US or if he will make it harder for drug users to get and acquire drugs then I could see Bitcoin increase in value. Any law that shakes the way money is moved or any more restrictions in everyday life concerning how things are bought and sold can be considered indirect subsidies for Bitcoin. It is what it gives Bitcoin value because it can transcend the law.

[roomfirst]

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 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.

[ArdiPrabowo]

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

[darkangel11]

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.

[piloder]

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.

[pooya87]

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.

[n0ne]

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.

[Dr.Osh]

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.

[Denker]

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?

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!

[deisik]

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?

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

[Karpeles]

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

[burner2014]

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.

[noormcs5]

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 

[talkbitcoin]

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.

[alyssa85]

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.