Bitcoin Forum

https://i.imgur.com/2roExZo.png

https://twitter.com/Travis_Kling/status/1311101954949443584

This tweet gives me a good chuckle, 2016, the price is below $1k, and now the the US has again, had their first Presidential debate, the price is well above $10k, so that's more than 10x gain in four years.

Wonder what will be the next price four years from the next Presidential debate? could the pattern repeats itself,  :D

Kinda crazy how a lot of people used to think Bitcoin is unaffordable back then. A lot of them still think it is but regret purchasing at sub-$1k. If the pattern repeats, I doubt it will repeat now. I just have a feeling we have to wait one more year before the real bull run potentially begins.

If back in 2016 we had a pretty bad situation considering the Hillary vs Trump endless debates of how "elections could start WW3", today we have a real danger in front of us and that should boost people's trust in decentralized stuff - only if they knew BTC can't be a ponzi, isn't controlled by billionaires, does not hand the authorities your keys and does not betray you.

It is an interesting phenomenon and I'm not sure if it is just coincidence as some people could argue. The reason I say this is because it would not be too much out of the ordinary if one of the most involved countries in the world with a large stake in crypto is undergoing political raw/unrest for the crypto space to be affected negatively. Heck, even the US stock market has started seeing decline.

I'm not saying that there's a 100% link between these matters but one can't just rule it out.

Can someone explain to me What is the connection between the presidential debate on bitcoin price?

I doubt that this will happen again. But let see what will happen in the price of bitcoin in the next four years.

I'm betting that it's going to be higher(obviously one of the main reasons why I actually hold bitcoin), but something something past performance is no guarantee of future results.

Meh. Just some dude trying to connect everything. It's probably because the year of halving and bitcoin's 4-year cycle coincides with that of the Presidential debate and election.

It's hard to say really without solid proof. We don't know how they work behind doors but they can directly/indirectly affect the price whenever they spread FUD (ban).

unless the next US president goes crazy and does something extreme involving bitcoin, i don't see any significance in US presidential elections. you might as well use any other 4 year interval for it.

but it is an interesting thought to analyze the history and speculate the future. i believe we are currently at the beginning of the next cycle which means we could easily see price above $100k in 4 years from now.

The funny thing is all those people who then criticised bitcoins they all want it right now.
But of course loyalty was rewarded here. People supported it right from the beginning therefore it was not even that matter of luck but it was a matter of trying something new, non corrupted, non-governmental, decentralized, volatile with no backup, therefore I do believe that those people deserved it since they are the ones who made bitcoins grow in price.
Plus at the same time in the Presidential elections we don't have very good candidates all of them are corrupted and I'm afraid for the economy and the well-being of people itself. *What else do you expect, there are people out there in the US who still think that chocolate milk comes from Brown cows*.
The people elected trump in the first place, it should have never happened.

There is no link between Bitcoin price and presidential debate. In general I don't think there is connection between Bitcoin and politics so there is no use in trying to establish connection or making some predictions.

So, it means that it needs another election to make the price increase highly. but of course, it should be the contribution of every single in very simple ways.

As we know, why it is a really high price and also it will never be late if the price is so fluctuating. But let's see to gather and also consider every single crypto news in that country. The prediction will be also inflection, not more, but also your journeys otw to the next player. ,

Back in the year 2016, the price movement of Bitcoin was really crazy and I was among those that sold all their holding before the price was at peak cause I joined crypto that year with no experience. However, despite danger done by the pandemic I expect history to repeat it self next year.

Actually, there is no connection. I believe the OP just want to have some sort of comparison of prices during this important period - the presidential debate. Just an interesting observation for what may happen next to bitcoin price the next time around of presidential debate. I think it will increase but another 10x from what we have now for the next 4 years, that's a lot. But everything is possible to happen. So let's see.

It's just a coincidence though, it was still 2016, no one give's bitcoin a shot to even make it to 4 digits that time, and media are like downplaying its effects. Fast forward 4 years and with Trump winning the Presidential election, lots of things has happened, from all time high, to a long bearish trend that most of us, specially newbies, can't stomach exited the game and then back in this year because of the halving. But good observation from Travis, how time flies really. And probably in the next four years with a new sitting US Presidential, bitcoin's price could have been higher than the present.

In relation to Bitcoin, what makes a presidential debate day different from any other day? Nothing, so this tweet can be rephrased as "X time ago, the price was this lower", and given the history of Bitcoin, you can make thousands of such comparisons. This isn't really different from saying "a pizza costed 10,000 BTC, now BTC is $10,000". But so what? This is just some trivia right now, there's no rule that says that the price will repeat the same movement again. The last 2-3 years were quite volatile, with both ups and downs, and that is more important than a distant past with very different circumstances.

You still did better than people who bought at 19 thousand or more and sold below 10.

Makes me wonder what the price will be in 4 years.

The beauty of the Internet makes it all on the record. When people were investing in stocks 50 years ago they were wondering just like we are now but there's now way to recall their exact words. Nobody knew what the prices will be and you could hear plenty of naysayers. Now you just can't imagine that somebody would not see the value in tech companies.

I know it doesn't really mean much, but it's an interesting thing to notice and to remind ourselves how much Bitcoin price has moved forward in quite a short period of time. 8 years ago it was even smaller, way smaller. But I wonder if in 2024 we'll see a similar huge leap forward. I think that Bitcoin is slowly stabilizing over time, so I wouldn't expect the price to be significantly higher (maybe 2x-5x, but not more than that). Still, it would be quite significant. With Bitcoin, it's probably never too late to buy. But then again, focusing on the price is not productive.

I know selling at such price is still profitable than those that bought during the last ATH and sold at $10K price range but when thinking about the possible profit I would have made during the last ATH it hurts.
Meanwhile, it certain that the price of Bitcoin will bring goodies smile to the face of many investors that was maybe to hold their coins in the next for years because the exposure is getting better every day especially when the pandemic has shown the potential of Bitcoin to the World.
In the meantime, let's wait and see what will happen after this year presidential debate.

There is no pattern. There is no correlation whatsoever.

The price of Bitcoin is totally independent from any country's presidential debate unless perhaps if one of the strong contenders is going to raise his full support for the adoption of Bitcoin.

The price of Bitcoin is of course more expensive today than during the last US elections because that happened four years ago. But the increase of the price does not have anything to do with the presidential debate. There is no connection between the two at all.

And back then we discounted the thought that bitcoin is never going to be crossing that $1k mark again, but my oh my how gullible are most people during those days. For the record, I was steadily buying bitcoin while I'm on a minimum wage day job taking up my masters by that time. It paid well on 2017 and I managed to get off from the ground and started making other investment moves and have also enrolled on a doctorate program. 4 years later, I still can't believe how Trump managed to win against Hillary with that lackluster debate performance, only throwing insults and snarky remarks toward each other and we are still seeing the orange man doing the same--or even worse--thing. Well the good thing is bitcoin surpassed everyone's expectations and downplays, and is continuing to do so even today.


No one is stating that the presidential debate caused these events. OP is simply pointing out the difference in price in 4 years during a presidential debate. And on the pattern, well that's up for debate. 2021 is the expected year for bitcoin to pump so hard if we are to believe the 4-year cycle, so who knows really?

Very true but this tweet isn't about that correlation instead just a reminder to everyone that doubted the potential of bitcoin four years back when the masses thought Bitcoin won't be able to cross the $1k mark but managed to do an astonishing 10x plus in just a matter of four years, now imagine what the future holds. Before we can go on to predict what most likely will be the outcome of next four years in the market maybe a flash back to 8 years ago will do some trick. Try to see the difference of the trading price for every four years.

Lets just assumed due to some reasons bitcoin couldn't accomplished another 10x price gain but was able to give atleast a 5x return of investment which can be easily achieved in four years, that'll be placing the trading price of bitcoin at $50k plus, which is still an astonished achievement.

Nevertheless, what I think is one of the biggest wins for bitcoin that not many are talking about isn't the price but the adoption rate and mainstream coverage. Comparing the exposure rate of bitcoin, when last the presidential debate was held (four years back) and the just concluded debate, you'll be amazed by the progress the currency has made in just four years timespan.

This only give me the hopes of a brighter future for the currency, it would definitely be a fun ride and can't imagine not been a part of it.

I don’t mind someone presenting facts this way, because some will surely understand some things better if they see it this way. It is also good for everyone to ask themselves what will happen to BTC in the next 4 years, and how much its price will actually increase.

Although we should not rely only on the past, even if there is no increase of x10, I would be quite happy if in 4 years the price is stable around $50 000, regardless of who was the US president or who will be the presidential candidate.

It is very funny when the presidential debate has to be related to the price of Bitcoin. The political elite wants the price of Bitcoin to fall below $ 1k so that they can buy bitcoin at a very cheap and affordable price so that they can get more profit. Creating a FUD like this is their side job.

OP is not relating the presidential debate and bitcoin's price its just about the time period, back then the price was too low and anyone bought at the time made a huge profit even now when people are call bitcoin dumped and has been bearish for too long.I would be happy even if we reach 5x in the next time period. :D

Though, there's no relationship but it's good to know how the price of Bitcoin was in the past and now at present. Knowing fully well that, holding Bitcoin for just 4 four years can give a good and reasonable multiplication for investment. Holding Bitcoin will be the greatest anyone in the industry can do for themselves as this tend to bring more gains on a long-term basis. Though, I can't see the possibility of Bitcoin falling down to it minimal price compared to it early stage, so, those hoping for it down in price might wait forever.

In my opinion, there is no connection between the presidential debate and the price of Bitcoin, we should not try to connect
the presidential debate with the price of Bitcoin. Because there is no evidence the two are related, so if the price of Bitcoin
 goes up in the next 4 years of the presidential debate,  this is just a coincidence. Not that there are repeat patterns, if you
look at Bitcoin's performance, I'll bet the price of Bitcoin will be even higher than the current price in the next presidential debate.
But that does not mean there is a connection between the presidential debate and the price of Bitcoin. if it is true that the price of
Bitcoin has risen higher in the next presidential debate.

It never is a debate with Trump though, is it? Bloody shambles. Will be sure to tune in for the update in 2024 to see how the price of Bitcoin compares then...

There will always be someone or some people  somewhere at the top who wants to buy btc at cheap price thus looking for a way to crash the market or create fud to bring the price down, the desire to buy cheap btc will never end, it is like a vicious circle, if some set of people are able to fulfil their desire to buy cheap, other set will come up again, and again,  and so it will continue this way. However,  the price of btc still manages to be strong and even go higher at different stages.

Exactly, this is what the message is which regards to the presidential debate, in 4 years time, the price of bitcoin grow by this X numbers. So there is a speculation of what could be the next growth after this debate. It's just interesting facts that we shouldn't laugh at, but instead prepare for what will we are going to reach in the next time period. Maybe Trump is no longer the president but bitcoin will continue its massive growth. It's just a time period analogy and everyone should now understand bitcoin's potential in the future.

Just to share my dream last night.
I dreamed about Donald Trump and the debate. Donald Trump was talking about Bitcoin and he clearly favored using Bitcoin or talking about the positive part of Bitcoin, lol.
About the percentage was gained in the previous presidential debate, what I see is it's kinda impossible to make another huge return just like on the previous presidential debate. We may see a huge increase in price but it will be different now.

Yupp. 4 years time span .. 1000% gain in between and we are expecting another one to happen? Fair enough let's say $10k now and $1m later? Impossible, yeah it's looks Impossible until bitcoin always did the Impossible thing.

The halving effect to the price might be soon to be triggered, covid19 is the reason why it's not there yet. I'm bull after the 2020. Sucks year.
It's like 2020 are only January and February.. the rest of it are a doomsday exercises.

I can only laugh if someone believes the presidential debate affects the price of Bitcoin, It's clear what happened 4 years ago was just
a coincidence. So don't get your hopes up for the next presidential debate to make the Bitcoin pump price. We must be able to think
realistically that what affects the price of Bitcoin is supply and demand. So I am 100% sure there is no connection between the presidential
debate and the price of Bitcoin.

There is no correlation between the debates and the price of Bitcoin.

The tweet made me smile for a moment and thinking that Bitcoin's price can increase significantly in a short span of time unlike in other investments. History repeats itself?? We don't know but one thing is I think will happen. Bitcoin's price will be higher in the next 4 years compare to its current price now :).

Wow! if the history will repeat after 4 years that would be insane and the price rising that high will not be as easy as the past 4 years. I think the only way to trigger the price to rise that much is the non-stop good news about BTC for the next 2 years and when finally we reach 4 years when the next presidential debate begins we will have that 10x price of BTC. that's just mere speculation and if could be more than that like we had witnessed before. especially BTC, we are talking about BTC man. Where its price is not yet fixed until today and maybe after 10 years, we wouldn't believe what we see.

There is a big difference between the price of the bitcoin way back 2016 compared to the current year, almost $10k had increased which is really good thing for every bitcoin user who already knows the crypto world way back year 2016 or older, I think they already have a good investment that time and if they invest it for a long term, they earned a lot of money.

I dont see any relation between the price of bitcoin and the presidential debate, we all know that bitcoin changes its price everytime because of volatility so how the debate will affect the bitcoin, in fact, in fact, it has no relation to the crypto world.

It is wishful thinking to expect that the price would rally and repeat the pattern, those were the initial years and institutional investment started pouring in during the past 4 to 5 years and so is the reason we were able to breach the $10k barrier and we are once again expecting a rally but it all depends upon the economical situation globally.