Bitcoin Forum

Other => Politics & Society => Topic started by: BADecker on July 15, 2024, 04:12:20 AM



Title: Did the Trump assassination attempt cause this Bitcoin rise?
Post by: BADecker on July 15, 2024, 04:12:20 AM
It is happening rather slowly. But as of this post, Btc is up to over $60,000... from in the high $50,000s

If it is truly because of the failed Assassination, why?

8)


Title: Re: Did the Trump assassination attempt cause this Bitcoin rise?
Post by: Vod on July 15, 2024, 04:31:43 AM
It is happening rather slowly. But as of this post, Btc is up to over $60,000... from in the high $50,000s

If it is truly because of the failed Assassination, why?

8)

BTC usually rises on the weekend when it looks like Trump will win, then the prices return to normal when reality sets in on the weekday.


Title: Re: Did the Trump assassination attempt cause this Bitcoin rise?
Post by: BADecker on July 15, 2024, 05:27:45 AM
^^^ Then we'll see, when the weekend is over.     8)


Title: Re: Did the Trump assassination attempt cause this Bitcoin rise?
Post by: Hispo on July 16, 2024, 04:24:47 PM
Perhaps it has something to do with Germany selling Bitcoins they seized from criminals. I believe I read somewhere they have stopped with their massive seeling of Bitcoin for now, so that may have helped the narket to continue it's up-trend.
Granted, Trump as any other presidential candidate, has power over the market price of some assets, depending on the government planning he is likely to implement if he wins, but I doubt this assassination attempt had much to do with this local recovery we are seeing now.

I has much to do with the behavior of the odds on the betting books, nonetheless 


Title: Re: Did the Trump assassination attempt cause this Bitcoin rise?
Post by: Ndabagi01 on July 16, 2024, 07:40:22 PM
It is happening rather slowly. But as of this post, Btc is up to over $60,000... from in the high $50,000s

If it is truly because of the failed Assassination, why?

8)

They don’t seem related to me and the market is just on an uptrend because the time for the sell is over and the buyers have now taking over the market. The massive sell off of bitcoin from the German government must have attributed to it and also some users getting their assets from the crash of Mt. Gotz could have been selling their BTC’s too as this current price is such a huge price for the amount of BTC they had back then in the exchange.
Trump getting shot is just a coincidence with the market trying to recover from the hands of the bear now, it has no relation whatsoever and I wouldn’t even think of it in that aspect even as Trump is showing a lot of concern about bitcoin and want to be an enthusiast of it recently since he’s finding anyway possible to get back to the seat of the presidency of the United States of America.


Title: Re: Did the Trump assassination attempt cause this Bitcoin rise?
Post by: BADecker on July 16, 2024, 08:20:10 PM
It is happening rather slowly. But as of this post, Btc is up to over $60,000... from in the high $50,000s

If it is truly because of the failed Assassination, why?

8)

They don’t seem related to me and the market is just on an uptrend because the time for the sell is over and the buyers have now taking over the market. The massive sell off of bitcoin from the German government must have attributed to it and also some users getting their assets from the crash of Mt. Gotz could have been selling their BTC’s too as this current price is such a huge price for the amount of BTC they had back then in the exchange.
Trump getting shot is just a coincidence with the market trying to recover from the hands of the bear now, it has no relation whatsoever and I wouldn’t even think of it in that aspect even as Trump is showing a lot of concern about bitcoin and want to be an enthusiast of it recently since he’s finding anyway possible to get back to the seat of the presidency of the United States of America.

Yes. I see now that it was Germany dumping Bitcoin or something like that.

8)