Bitcoin Forum

Bitcoin has really started this year off wild (http://www.digitokash.com/bitcoin-market-trends/)!
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.

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.

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.

Is Trump planning on banning cash?

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.

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.

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

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 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.

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.

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 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!

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

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

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  ;D

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.

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.

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.

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

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.  :(

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.

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..

What makes you think that a stronger dollar necessarily means a stronger American economy?

Trump was quite unambiguous about his plans to weaken the US dollar. In fact, he already sent the dollar spiraling down a little when he told in his WSJ interview last Friday that the dollar had been "too strong". I don't know how that can be possibly misconstrued toward "a much stronger dollar". If Trump is actually going to "make America great again", he should first make American goods competitive in the world markets, but the only American good that was competitive as of late was the American dollar itself

-lets hope this is not the case.
Now that he's president hopefully he will play nice... lol

2000 are possible but only as a result of a bubble, e.g. if we break the old ATH and short-term investors drive up the price for TA reasons or simply "to ride the wave". But as I have outlined many times here, Bitcoin has still too many problems (scalability, user friendliness) to be able to attract the masses. (If LN and SegWit are enabled, we can slowly think about that).

A Trump action _could_ be the reason for such a bubble. But I consider it unlikely. See the answer of Kprawn. For example: if he imposes a high tax for remittances and foreign workers start to use BTC massively (e.g. to send money to Mexico) then it is likely that he will try to impede this by stricter regulations for Bitcoin and other cryptocurrencies, and that would affect the Bitcoin economy as a whole because the US is still the country with the strongest adoption (China is only second or third, along with Germany).

Well, Trump is officially president and the price of Bitcoin hasn't moved.
Lets give it a few days to see if he says anything to wake the sleeping Dragon, but my prediction is that the price remains unaffected.

Since no government can control bitcoin and it's market as well it's distribution, considering that literally anyone can have bitcoins without them knowing about who he/she is I really doubt any government's officials in any of the powerful countries do anything to boost bitcoin and they will do the opposite trying to undermine the credibility and paint it as something that people should avoid put their trust in.

Bitcoin might have fluctuate hard in both ways but the steady growth in popularity, adoption and value is something more visible especially since last year.

This is where we disagree with each other. The more financial regulations there are the higher the opportunity for Bitcoin to go up in demand and effectively in price. Add the ongoing fight against illegal drugs and you have another indirect subsidy created for Bitcoin. Bitcoin can transcend man made laws and follow its own mathematical laws. The only thing the US government can do is stop the payment processors dealing with Bitcoin but not Bitcoin itself.

I think the inauguration of Trump for president will not bring any impact. We all know that Trump never said anything about bitcoin and cryptocurrency during the campaign. Nevertheless, I hope trump will give positive impacts for bitcoin and the world economy.

if we continue hyping this event more and mroe, then i am sure it will increase the price because of it. because it has been proven that in bitcoin whenever you hype some event a lot it will affect bitcoin price, such as India, Cyprus, .... buying bitcoin and also such as China, Russin,... banning bitcoin.
these news are small and irrelevant either to rise or to fall, but when they are hyped they become effective.

but the effect will always be small.

And what could he do in practice?

Let's assume that he does actually impose high taxes on international money transfers (which would be a suspicious act in its own right, but it is Trump, after all), and folks start sending money through Bitcoin. You should understand that the receiving end would likely not be very friendly and cooperative overall toward these actions for obvious reasons. So he would have one end loose, and what could he possibly do, ban Bitcoin altogether? But these people as obviously don't give a fuck about Trump specifically and the US laws in general as long as neither are able to corner them

Sad but true. No matter what there will always be a government entity that tries to manipulate the market. All the more reason to get heavily invested into bitcoins!

some time to come will definitely be affected by the impact felt. honest inauguration as president of the American trump this time would have an impact on price movements bitcoin. bitcoin prices seen rising even than before.

It is not up to Trump though, is it. The Federal Reserve is independent and reports to Congress not the President. Nothing is going to stop them from raising interest rates - if anyone questions them they will use the magic words "we see inflation building" and Congress will roll over and let them raise interest rates.

If American interest rates rise but rates in the rest of the world don't, then the dollar will strengthen.

I am going to predict that "yes" we will easily go over 2000.   
I say that because I feel that the SEC will approve the COIN ETF - and if that happens, then we will see a huge step function in the value of BTC.

I really do not have have facts to support that the ETF will be approved, just an optimistic "good feeling" that it will.  We will know in the next couple of months. 

Obviously, you are pretty much wrong on this

The chair of the Fed is chosen by the President of the US, so in practice the latter does have control over the Fed. Trump will evidently appoint his man to this post. Presently, this office is taken by Janet Yellen, and she was not appointed by Trump. Therefore, she may indeed choose to silently ignore his decisions (and many in Washington seem to be going to sabotage his orders anyway), but her term ends in a year, in February 2018. Further, the majority of seats in Congress (both houses of it) right now belongs to the Republicans and Trump is one of them. Ultimately, Trump as a genuine demagogue may appeal directly to the nation, and then Congress will have tough time explaining their objections to simple guys from Texas and Nebraska if its members choose to dispute his will (of making America great again or something to that tune)

It really is not difficult to get currency of any kind across the boarder going either way to think it is, is being naive. There will be no using btc to circumvent controls as there is no need when you have the resources. It is actually a much better way of smuggling as we all know. Maybe in the future we will be blessed with the billions of drug money and see btc rocket. Remember this is decentralized and there is only so much that can be done to slow it down. More trouble than its worth. To answer you OP, no btc will not break 2k because of trump lol

I dont think so, we need more support like if trump recommend for all businesses in the United States to use bitcoin maybe we can see bitcoin reach $2000 due the demand of bitcoin will increase.

Somehow I do not think Trump is going to do that.
He has this America first agenda. So I must assume he wants the Americans to use the US dollar as the chosen way of payment.
'Bire Americanand hire American', I thinke those were his words.

Give me 1 reason why Trump should say something about bitcoin, he would gain nothing by doing so, other than admitting that USD might not be the best currency around.
Also I don't believe that he would ever suggest something like: "use BTC folks, it's good!".
There is no doubt that Trump will be promoting american economy and dollar, spreading word about bitcoin is not part of his agenda at all.

Monetary policy isn't decided by the Chairman of the Fed alone. All the regional Feds have a vote and the Regional Fed leaders are appointed by the states. There is no way that Trump can prevent the rising of interest rates. Not if there is a build up of inflationary pressure.

But unfortunately, Trump has no agenda to recommend bitcoin as a legitimate of payment in the USA.
If trump using Bitcoin in USA as official money like the Dollar, maybe bitcoin will rapidly increased.

I believe bitcoin will hit 2000$ before end of this year, but not because of Trump why it will increase into 2k$ of bitcoin. But because of the community demands and biggest investors will go into Bitcoin this year.

This is all speculation mostly

Technically, Trump could usurp the power and become a dictator of sorts just like Bush Jr. pushed his agenda of Patriot Act which turned the US into a police state and which later became the Freedom Act (in the best Orwellian style). That seems implausible right now, but how plausible was Trump's victory in the first place? As to me, it basically depends on Trump personal qualities. If he is like Hitler (their manners are quite similar, just in case, and both are seasoned demagogs) he could try, for example, burning Congress (and shooting down McCain along the way) and then accusing Hillary and her accomplices in that

I think this fact will happen in this year. After Trump 's inauguration , Bitcoin price is rising up higher and it's quite closer to 1,000$ price. it seems the world economy is ready for new crisis when USD is down badly with Trump's decision and it has effected to bitcoin price immediately.

what you are saying is highly speculative. and i have been hearing it for many years about USD value dropping and failing economy of US, and i am not saying it is never going to happen but i have never seen any valid argument and it has not yet happened.

and besides bitcoin price goes up and is better to go up with adoption not just because somewhere in the world economy is shit and more people want out with new investments. that just makes price more volatile.

I guess the slow down in USD against other fiats will be more than enough rather than expecting big collapse of dollars to have boom for bitcoin appreciations. It is already happening as China conquering the number one place as biggest economy of the world.

Trump's new policies are supporting alternate investments indirectly still he will not let down his own currency to fall down. So, we can expect intermediate impacts due to Trump government.

In fact, you just haven't been watching closely enough

Most likely, you refer to the ultimate dollar collapse which is a speculation bordering on wishful thinking or outright bullshit, but if we refrain from sweeping assertions and start talking about the dollar value behavior, this is exactly what happened during all 2000s. You can see that yourself at the historical USDX value chart below which shows the value of the US dollar against major currencies over time

http://s41.radikal.ru/i091/1701/ab/3b034a12c318.jpg

As you can see, the dollar still has a lot of room to go down

Both the dollar and other indicators like S&P500 and other big indexes are bubbled and will soon start crashing. We are at the verge of a new economical collapse and it's going to be fun when shit hits the fan since if you did your homehork you should be all in on bitcoin by now.

Nothing is impossible. trump could only give a very good effect for bitcoin. bitcoin price might be $ 2,000 for trump invest huge money for bitcoin. Well, I hope it will happen. if trump is using bitcoin, bitcoin then the price will surely rise.

it depends on what he's willing to do. He said he wants to bring the jobs back and I'm not a economist but the only way I see that happening would be w protectionist policies or devaluation of the USD, I don't know the Potential consequences of protectionist policies but devaluation of the USD would definetely bring attention to Bitcoin.

Trump has nothing to do with bitcoin at all and he and his administration will not influence the bitcoin price in any way. I.think this is clear by now. Actualy the influence of politics to bitcoin is overestimated and everything so far is showing this. If the price goes to 200$ this will not be because of Trump.

Yes, you are right. In any case, the Brexit or even the recent USA elections that caused a great volatility in markets did not generate important effects in the bitcoin price, which remained immutable despite the global worries that those events generated. So I have also realized that political events has nothing to do with the bitcoin behavior.

I really do not think that Trump being the president of America could influence the price of bitcoin,the price of bitcoins is only sensitive to the Chinese news and so if at all if the price has to break the records there have to be a positive news from China so that the trade volume explodes .

910 dollar is good enough, the new base can now be 900. I think for a moment it was hurt, but nothing was more of a panic sale, now it's over $ 900. It looks like the balance is about $ 919.

It is still too soon for Trump to have significant interference in the market. But I think his decisions will be directed primarily toward the purpose of favoring the dollar, not Bitcoin. The value of Bitcoin, as always, will be a result of supply and demand, so it will depend on users, new investors and the network effect.

I can´t really see bitcoin breaking the $2000 barrier, not in the short term. First theres some things we have to solve, like the blocks sizes and time per block.

Trump can go gargle a brass tube steak.  And as far as bitcoin goes, Trump's stolen election isn't going to affect it.  And even if it was going to have an effect, it would already have been priced in, just like the halving.  Trump is just one leader in the world out of many, and bitcoin is a global asset.

Bitcoin is the future cryptocurrency like other cryptocurrencies what we can see in many newspapers,articles,posts,comments,videos and many other TV media,social media and online media things.So that means that Donald Trump know how much bitcoin cryptocurrency is imortant like other cryptocurrencies so I am sure that he will increase price of bitcoin with some laws but not too much.I dont expect kaboom like a 2000$ in 1 day or couple days I expect maybe 200-500$ price goin up because bitcoin price is controlling by China right now and only their traders can affect more to bitcoin price.I also want 2000$ price when Donald Trump change some laws but that will not happent  :'(.Sorry guys I also dont like this what I say about price moving because I also want bigger price then 2000$ with USA new laws but we cant expect that.

If Trump's will save his assets to bitcoin, maybe it will be a spike in the price of the bitcoin.
We are certainly happy about that,  because the price bitcoin will go up bitcoin again. But
I am not sure he want to do that.

I wouldn't make any such assumptions since most likely they will turn futile, while those than won't will be correct just like a broken clock is right twice a day


He may "favor" the dollar in different ways and poses

And what he is talking about right now looks more like a sadistic approach, and somehow you shouldn't be surprised. So this favoring may cause the dollar to be consistently losing its value if it gets ridden to death, metaphorically speaking. In this manner, even if Trump doesn't favor Bitcoin or even if he doesn't know about it altogether, he may in fact inadvertently make it a good service

Trump is expected that he would show interest in Bitcoin.It is said that he has appointed a bitcoin supporter in his cabinet.But bitcoin progress is not dependant on trump. It is a universal currency now and i think no one could bring any impact on bitcoin.

I can't see it either. It hasn't even topped the 2013 high, which is a bad sign.

We're struggling with trying to break the $1000 barrier, let alone trying to get above $900. I think we saw a rise to $940 a couple days ago but promptly went back to $900. Especially with the PBOC now cracking down on the Chinese exchanges, I think it'll take some serious news for the price to break barries now.

It is expected of him? No, no, no. It is far fetched assumption Trump won't say anything about bitcoin and definitely won't promote BTC as better currency than dollar is.
Admitting that bitcoin is good would mean that Trump failed to assure dollar's dominance.

So far known supporters of BTC working for Trump are Mick Mulvaney congressional representative from South Carolina and Peter Thiel, an investor in Bitpay who is now his adviser.

I guess there would be no significant impacts from China as they got regulated heavily.
Right now bitcoin is getting appreciations with its real potential because prices are seeming so stable and moving up the very slowly. The rising demand from all over the world and Trump's new policy of "power back to people" may bring bitcoin above $2000 levels also.

That remains to be seen

I would be very cautious about the way things are going to unfold in the future, especially regarding China. Just like with the recent Bitcoin price rally, I asked people to wait for at least a couple of weeks before drawing any conclusions in respect to future price behavior and how organic was Bitcoin's growth. Here we encounter basically the same situation, and we should just wait a month or two to actually see how all this plays out in the end. We should hope for the better but still remain realists at that

People, stop to write crap about Trump and his effect on bitcoin. We already saw that he has nothing with bitcoin, maybe he is one of investors, but it's still not proved. Only we are, bitcoin holders affect on the price for bitcoin, by our selling-buying-keeping.

Yup making America great = making the dollar great. He has no interest in anything that undermines the almight dollar. He is a 70-year old who is old school in his thinking. He doesn't do tech, he does real estate and is interested in manufacturing. A million miles away from fintech, which is what bitcoin is.

It is definitely expected of the Trump administration to be at least more accepting of the cryptocurrencies, even if they will not necessarily embrace them.

I think Trump is the effect, the dollar is almost at the bottom levels, the rise of the dollar can pull the price of bitcoin to 930 levels

trump is not effect bitcoin price
trump win presiden election dollar incraese bitcoin still incraese

in last waeek in friday, first statement trump in US president, USD is down price, bitcoin not follow down, but bitcoin price incraese

If something that's been much used by public gets affected just because of a single person then its a failed system. On this basis bitcoin never had changes based upon Trump, price movements and technology updation happens on the requirement of users. During the past it has overcome several such persons and keep continuing to grow with potential.

well its not because trump thats why bitcoin will pump the reason behind bitcoin pumping was the big whales whos stucking their bitcoin and that big whales on this economy was the reason also why bitcoin is being dump. in short big whales was very important in bitcoin because they're the reason why bitcoin price is increasing and ofcourse bitcoin gambling site has a lot of contribution in bitcoin price even us. even if we invest on bitcoin very low.

I agree with you. basically we can not fool ourselves that trump bring various effects that exist in the world today. one of which is the price movement bitcoin. The world market is still waiting for the various decisions to be made by the trump.

He took some decisions yesterday and surprisingly things he was telling in his campaign he will do. I did not believe he is a man of his words. It will be funny year and years to come if he will stick to his pre elections program.

No, for me this is clear, Bitcoin will not break 2000$ this year. And in the very low probability scenario where it pass with a little margin the 2000$ cap, that will absolutely not be because of Trump. He is just a man, with not that much power. What do you frankly want him to do miraculously ?

 I mean it might break, just don't think it'll be because of trump. I think if a Bitcoin ETF finally gets on the NYSE or if Kim and MEGA really come through, then perhaps we might see $2000. Trump has plenty of power now, since he has been inaugurated forever, don't know where you got that from LOL

I think bitcoin will break this year 2000 Dollar easy, i think the price will be much higher.

And not only because trump, because europe, with europe i mean the brexit,
the weak euro and the elections in germany, france and the netherlands this year.

This year will be very interesting.

Man, Trump's stupid decisions could disturb the whole world's markets. We may witness a good pump or maybe a good dump after each of his policies.

But let's not forget, bitcoin is owned by us, not by any government, so they may have an effect on the price but cannot control it completely.

Yeah, I think these are events that can bring more price support than Trump's victory. Price is a result of supply and demand, and for the price to gain increase and stability in the market, improvements must be made in the ecosystem. Such improvements bring conditions to improve the experience of users using Bitcoin and, of course, to bring more users.

I have a rule to not believe to any campaign words of candidates in presidents. Cause of it's obviously just words that people wish to hear. The price for bitcoin didn't even move from Trump's enaguration so what we can expect about him and the price of 2000$? Nothing. Just one more prove that he has nothing with bitcoin.

i think it is not just because of trump bitcoin will break more than $2000, because there is many factor that we can see that giving big affect for bitcoin price as we can see before that in economic sector will give impact for bitcoin price.

Yes indeed you are right, not just Trump will make bitcoin prices jumped to $ 2,000 later, because there must be many factors that affect it such as the adoption and others. But Trump will also affect the price of bitcoin, seeing he is the president in the greatest country and highly influential in the world. That will help the bitcoin prices jumped to $ 2,000, but it takes time and gradually.

I don't think Trump is the reason for a good bitcoin prices moves. It's all about the market. Yes the government economic will give affect for bitcoin market, but Trump is doesn't care about this. All he needs is the wall and card identity for the minorities.

Did he say anything new in his inauguration speech?

I guess he said nothing beside what he had already said at various stages of his presidential campaign. Markets seem to have absorbed Trump, so to speak, and unless he says something extraordinary even for his own standards, they won't react dramatically. Does it mean they they won't react at all? Nothing of the kind. Further on they will react to actual changes made according to his financial and economic policies, but the effects may take some time to emerge and develop. Don't be too impatient

I a gree with you . it was too strange to mention that trump is the main factor determining the price of bitcoin.
bitcoin certainly influenced by many other factors that are much greater. many possibilities that could happen.

Trump will give us great moments during the next 4 years. His policies will be very controversial. They may be good for the americans, but the rest of the world will not be happy with it, and even if america is the 1st world power, they are not living in isolation, we are all on the same planet and the entire system is collapsing.

The current price is result of a number of political, economic and social aspects. So probably the Trump government will have some effect on Bitcoin, but I'm not sure what level of impact this can bring to it. I think that the ecosystem has not expanded enough to receive influence from certain political events... However, it is important to study them, as they're key elements in making more accurate predictions.

It might break the 2000$ this year and im already waiting for it to happen. Trump is a business man he can do whatever he wants. The price of bitcoin will depend on trumps move.

Trump is expected to make so many changes that will have an effect on the US economy. As an after-effect, the dollar will have to be affected by these changes and also transfer the same effects to the other currencies (bitcoin included). No one knows whether the changes will have a positive effect or e negative effect. What i can say is that anything is possible. You might be surprised to wake up one morning and realize that bitcoin is trading at over 2000 usd

He has some power, as the United States president, as he can send the army to some place (and only if the Congress agrees) and sign decreats, but he can not influence the price. Even if it was officially recognised as a legal tender, the maximum he can do, this will not affect Bitcoin's price that much !

i don't think that trump will involed his self with bitcoin first thing is trump already did about the price of us dollars world wide and still continue a good project but if bitcoin will be more that popular maybe trump will see what really bitcoin wait to the near future/

I also don't think we get any close to $2k. Not this year.
Neither because of Trump, nor because of any of the reasons named in the post above. These were news to wait for last year, this year, and probably next year. And any of these won't, most probably, have such an impact as many here wish to.
Having said all that, I don't exclude a nice pump. We had two nice pumps in 2016, why not having another one this year?
though we won't get to $2k. That is too far away at the moment.

I think Bitcoin will continue to increase in price because it will gain more acceptance. I don't think Trump's policies will have much of an affect unless he imposes restrictions.

It would really continue to rise no matter what since we all know that bitcoins price do really increase and as you said because of acceptance or the adoption.I didnt still think for bitcoin to reach this amount of $2k on this year maybe on next years to come but who knows since bitcoin do really have surprises.

i am not sure if bitcoin will break $2000 because of trump because bitcoin is related with more factor than just trump as president of united states. but trump could be a trigger for bitcoin to get increase if trump make approval for bitcoin to legal commodity so people in the united states will use bitcoin too and many of them will use bitcoin.

$20,000 for the DOW today, why not $2,000 for Bitcoin?!

http://finance.yahoo.com/news/dow-track-hit-20-000-140511833.html;_ylt=AwrBT0fC2opYZjAA.XFXNyoA;_ylu=X3oDMTEyNDQ0M3FuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDQjMwMTBfMQRzZWMDc3I- (http://finance.yahoo.com/news/dow-track-hit-20-000-140511833.html;_ylt=AwrBT0fC2opYZjAA.XFXNyoA;_ylu=X3oDMTEyNDQ0M3FuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDQjMwMTBfMQRzZWMDc3I-)

To truly understand if hitting $2,000 is possible is to understand the fundamentals of economics, supply and demand. Those two forces are best (and most reliable) reasons to explain all Bitcoin price moves. SO we must ask...

Is supply of bitcoin going to increase? Yes, but not at the same rate as it has over the past 8 years (due to the halving and all).

Is demand of bitcoin going to increase? We all hope so! If demand can increase, the price will go with it.

The best question for you to ask is how can you advance interest (therefore demand) in bitcoin within your circle of friends, family, and community?

There is no doubt that bitcoin price will increase eventually but the question is when?  As for the supply and demand, it is to be observed when we are analyzing price range during the scope of time.  But have we ever think of the factors that will affect this demand?  Probably most of us (noob in economy) does not but indeed we need to know this factors.  To be able to know the trend of demand will give us an advantage over any stocks price trend.  And there is no other way that i can primary point that will increase the demand of certain stocks, especially bitcoin is the finance authority stance on  bitcoin.  One sample, PBOC, if PBOC declares a PRO bitcoin sentiment, then probably price of Bitcoin will not go down and  will not trigger panic sell, instead panic buy will take place.
Now even if we convince our friends, family, neighborhood, about bitcoin if the government or finance authority declares otherwise, what do you think their action will be?

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I do not think Trump  push Bitcoin to $2000.  He has his own agenda and I do not think supporting or promoting bitcoin is one of it.  Though I wanted to be wrong in my opinion. :)

people keep making speculation even before trump officially became US president. a lot of people actually have predicted that the bitcoin price will go triple in 2017.
they say it when the price around $500 and bitcoin price have hit $1,100+ make it double done , next achievement triple and then quadruple $2,000.
especially when trump pick a pro-bitcoin congressman, speculation gone wild lately.

Things are far from being that straightforward, really

Bitcoin is highly prone to manipulation primarily due to its relatively tiny market cap and even more so thanks to the low number of coins being actually traded (in this way, the market cap itself is misleading). It may look as though we have advantage before stocks in that we could determine demand and thus price of Bitcoin, but it won't work. And if we are to rely on these calculations we will only be losing in the market if we are going to trade for real. How come? Because as I said market manipulation would render such and similar assumptions not only useless but it fact utterly detrimental to your trading profitability. There is a rule for this approach, it's called KISS

$2,000 per BTC will come probably when the $20,000 Dow Jones correction happens. This will be a short lived all time high. Sooner or later it's going to crash, and when it does, it will be time for bitcoin to shine.

I have not read anything about Trump opinion on bitcoin and what his attitude toward on cryptocurrency. of course it is not only speculation
although I think no matter how is Trump eccentric, US Economy and Politics does not one man

Bitcoin obviously will reach $2000 and maybe in the end of the year but not because Trump, I don't see any good planning to affect bitcoin yet, except he invest million USD into bitcoin and encourage investors to do the same thing which unlikely won't happen in the nearly future. The most important to pump bitcoin price is the usability to spend it directly to supermarket/groceries in daily transaction.

There is no role of trump in bitcoin .bitcoin will continue to rise and i guess the price of bitcoins would be more than 2500$ in the year 2018 in the beginning .hope segwit does not play role in slowing down ths growth of bitcoins

Well f trump decides to put some money into bitcoin that can surely make bitcoin price jump. 

I dont know if he will though. He's kind of invested in the old financial world.

He's obviously not going to announce himself going to buy coins beforehand. If he ever plans to buy Bitcoin, then it will happen silently, which after that he could start showing some Bitcoin friendliness. But I highly doubt that he will do such a thing now he is the president of the United States. Bias is something he can't be associated with at his current position.

yes, it can completely happen at the end of this year if the world War III starts. I'm doubted on this guess but I still buy more bitcoins for saving .

If ww III starts bitcoin will be worth $0, and not $2000. Btc is for international payment and store of value. It will be worthless simply because internet will crash because of attacks and bombs on energy stations, elektricity will go off lots of time which will make any digital payment useless. No mate, BTC will reach highs in an economic crisis. In a ww we will get rekt harder and lose more money than everyone else.

I guess all fiat monies will not be worth a dime in case of an all-out war

And still more so if it ends with complete destruction, devastation and misery throughout the world. Canned meat and ammo will quickly become money then and ammo factories a Central bank. Gold will likely preserve some value but it will be soon taken from ordinary people and hoarded by the leaders of big gangs, so simple folks will likely use AK-47 rounds as cash until the world sinks into total chaos and anarchy (after a few dozen years of power vacuum as well as economic and technological decadence)

I agree with you but in case if an all out war will break out, it is better that we always get stocks of canned meat and ammo just to be sure we won't be sorry when that happens and of course so that we have money. Besides ammos, I think there would be a lot of stealing that will happen during it making the world sink more into chaos and population being halved by just a year or two maybe less than that let's just hope we are one of those survivors by that time.

With the positive movement of bitcoin's price, many believe that the price can get up to $2,000 and I do think it will happen to.

We've through in down and right now the opposite reaction of it is, up. After every discussion about bitcoin's issue and solution.

Once there would be a good implementation we will see the price to fly up to $2k and that's not because of Trump.

It's because of those people that wants to make this coin, to be the best that will attract a lot of investors and new comers.

I don't think Trump can influence the price of bitc anymore, especially after what he did in Syria. Maybe he use btc, but am not use that people will start using bcs he did it. That maybe happened if he didn't do anything about Syria. But I really don't know how can effect the price of btc. I hope it will be for the best.

Im one hundred percent sure, that bitcoin regulation is not even in the list of the priorities of Trump.

For today, the only way how could Trump help would be weakening the dollar a little bit, bitcoin/usd rate would be higher obviously, but that would not be enough.

To see $2000 level broken exactly because of Trump and his politics, the US government would have to adopt bitcoin and make up the law that is not against cryptocurrencies, but it helps them instead.

Every prediction that touches the subjects of both Trump and Bitcoin is a little bit senseless for me, he is such an unpredictable president that all of it seems to me like a dreams or nightmares about future.

Bitcoin could reach that amount by its own merits it does not need anything or anyone to reach that level, I do not know if its going to happen this year but there is no doubt at some point bitcoin will be worth 2000 dollars.

One thing is certain, $2000 will break not because of trump but because of different country recognizing Bitcoin as either store of value or payment method.  This recognition will bring in millions of new investors to Bitcoin economy thus creating demand and eventually pushing Bitcoin price higher.

It will be another couple years before it stabilizes at $2000. The issues surrounding BTC are becoming more and more unsurprising and the pricing should start to get more stable as well. At this time, its best to just dump it and buy it back at $1000.

bitcoin does need something like mass demand to influence its price rather than a solo effort to break the $2000 barrier


its bound to happen all it takes is something to ignite the bull run and a high demand to a low supply.

At this point i do not think he would want his political business to clash with money matters/(cryptocurrency matters) which are on a world stage , his a smart business man 8)

Yeah, there is nothing new under the moon

On the other hand, these issues aren't set to go away on their own. Maybe, only a small and insignificant part of them will die out on their own (like BU project passing away due to natural causes like wear and tear as well as the fud associated with it). But other issues, like slow confirmations and high transaction fees will certainly not go away (if only together with Bitcoin, but this case we obviously don't consider). Moreover, they are likely to aggravate over time, and thus their effect on Bitcoin will only increase despite (or exactly because of) their no more surprising character and predictability

I hope that it won't be taken any longer before the price will reach at $2,000 and probably it can happen before the end of this year of maybe next year.

Yeah there's no more surprise on what's happening with the price stability of bitcoin, maybe we already know that in the end the price will still end up on high.

Maybe, the price of Bitcoin will be rise up to $2000, but it's not due to Trump effects,
but because the hardfork and activated the SegWit features in Bitcoin Core systems.

Yes Trump doesn't have something to do with the price increase unless he is going to give some good insight with bitcoin.

And he is going to advertise it by his own and will attract wall street investors to get into it. Maybe that's the only way for him to be recognized with that price increase.

Otherwise, he is really not going to have any connection with bitcoin's success.

Well , nothing has changed in bitcoinland frem the first bubble to 266.

We all hope that the price will go up because somebody , this time Trump , will do something pretty shitty.
Sometimes I think bitcoiners will pray for the end of the world just to prove that bitcoin is better than fiat.

Rightnow the price only maintains high because of japan. Europe and US dont buy shit because they know whats going on while countries like Japan and China are famous for their panic pump&dumps.  Would be only a matter of time before they know whats going on behind the scenes.

Can you explain me why you think that Japan is one of the countries that do panic dumps?
I agree, China is one of country of that kind because we have already seen what was happening on their markets ( exchanges, to say the truth ) when the China government has released the bitcoin regulations.

But I cannot understand why you think that Japan will also do the same, in case of unexpected events.
They want to adopt bitcoin, their government also wants to see bitcoin as a possible payment method in stores and shop, so my opinion is that they will remain with a strong faith into bitcoin.
A country who would adopt bitcoin just to dump it few years later would be a stupid country.
Implying that japanese society isn't smart and educated, is something that terrifies me.

I dont say that they arent smart. Asians just react very different than europeans and americans on the market. It happens with stocks many times that Japan massive dumped and bitcoin wont be an exception. When they learn more about the scaling debate that we need 95% to have a hf or sf they will panic. Its unlikely to reach such a % soon what will result in innovation stagnation because of the miners. This means more unconfirmed transactions, losing money and coins. Asian markets are famous for massive selling. I think they just want to play safe I guess. Anyway pump&dump guaranthee, china style EDIT: they know about the % for sure but not the game that has been played and whats still going on in BTC world.

I don't think Trump could seriously influence the Bitcoin price, not in pump or dump or make the price go to 2000$. His role is to exaggerated in case of Bitcoin and I don't think that he even cares about bitcoin at all. He influences the politics big deal but politics isn't at the moment so connected with bitcoin.

If Trump does not provoke a war, bitcoin can grow very well. The war in North Korea, I think does not affect the growth of bitcoin, but bitcoin can be dropped with stronger countries.

I guess it will severely affect Bitcoin

And likely not in the direction of future price growth. It should be clear that the war won't be contained and will affect South Korea as well as Japan. If the Kims nuke Japan (it will be the second time when Japan gets nuked), Bitcoin will crash heavily. Personally, I'm not sure if Trump doesn't bluff this time, but if he doesn't, then we might see very interesting times ahead. The Kims obviously are not going to surrender but they may be bluffing as well, so it might be no more than war mongering on both sides as it has been the case for a few decades already between North Korea and the US

You really cannot count out Trump as he started bombing countries and if that trend continues we will see a world war as i see more countries are joining sides now which is really bad and all those decisions can make a difference in the price but i hope there wont be yet another war because it could wipe out half of the population. So anything is possible and once 1 MB restriction is removed with a viable solution then we will break two thousand.

In my opinion, bitcoin will surely break 2000$ area because it is a world most trusted and known cryptocurrency.
It has a very powerful technology behind it, going also with big amounts of users in the network.
That may exist for many years, and it would be something very strange to not see bitcoin price over 2000 USD in few years.

But i would like to stay away from saying that Trump will have some big influence on it, in my opinion he will change literally zero in bitcoin price, unless he is going to decide same as Japan that bitcoin should be adopted by merchants in stores, and different kind of shops.

How are you sure that it was asians who do the dumping?  Isn't massive dumps done by all races? Do not be racist here.  You think you are ahead because you can speak english clearly, why not speak their native tongue?  Probably, we do not know that  it is the whale Asian who is manipulating the price of Bitcoin.  :P

The mate might have mentioned this because these days  more adoption and user increase is experienced from the Asian countries. Also more startups based on the same has been existing often. This too is a reason that most users describe bitcoin is being manipulated by Asians​. There is nothing to talk about racism and racist activities.

trump policy about syiria war, and korea island can big problem dollar value
not big effect to bitcoin, so still very dificult if bitcoin price can incraese to 2000 dollar/bitcoin

it will break $2000 but not because of trump, it world it self  :D

Unfortunately, to date, since the election of trump to president, bitcoin has not even touched the price of $ 1500. I think, it only gives effect to bitcoin has a price above $ 1000. Well, but I hope the bitcoin price soon gets to the $ 2000 price in such a short time.

I dont get the point, how could election of Trump make bitcoin price go up to the 1500 or even 2000 USD area? It doesnt make any sense for me.
In fact, many people have said ( not only in US ) that we have a small panic on the markets because of the new president, whos decisions are not predictable.
Every single time close to the US president elections the United States Dollar chart is printing strange formations, many weird things occur sometimes, because nobody knows what will be the outcome of elections, and what the next president is going to do first.

I would stay away from any correlation between Donald Trump and bitcoin.

I don't think if Trump can make the price of the bitcoin up or down, it's not Trump effects.
The price of Bitcoin will be increased when the demand is increasing and the price
will be down if the supply is more than demand. Not because of the Trump.

And that would be a very short-sighted approach

How come? While Trump can hardly affect Bitcoin directly, though he is pretty unpredictable starting from outright banning Bitcoin and all the way up to openly endorsing it. That said, his economic policies will certainly affect the value of the US dollar, and here is where you can't neglect or discard the indirect impact that Donald's policies will have on the price of Bitcoin. In other words, if the dollar depreciates, Bitcoin will certainly appreciate. But the reverse is not necessarily true since Bitcoin would likely still appreciate together with rising dollar, though likely less quick and steep

Why those people who believed that trump will be the reason why bitcoin price will increase? Is this what you believed what if trump will banned bitcoin for no reason? Not because won the election doesn't mean he already the reason bitcoin affect the price its in demand that day. It will become on that price dont lose hope everything go there tho.

Btc isnt trump related. Most useless topic ever ^^. Try trumpcoin insteat

We can see bitcoin breaking 2,000$ in next days and it will lead to 2,500$ in Juy, 2017.