digital_sucrose (OP)
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September 24, 2016, 01:58:45 AM |
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I just finished reading an article about the trends of the stock market after the US presidential debate. According to the article stocks in the past have seen a jump after the debate.
Could we expect the same for BTC?
What would be the affect if the debate is viewed as negative? What would be the affect if the debate is viewed as positive?
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HabBear
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September 24, 2016, 04:06:32 AM |
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Doubtful, Sugar.
Bitcoin transactions happen significantly more outside of the US so US affairs don't have much influence on supply an demand, just my take. Also, I can't think of anything that would be discussed in the debate that could spark any movement in Bitcoin.
Can you? I'l love to chat about it.
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digital_sucrose (OP)
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September 24, 2016, 02:12:07 PM |
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That is very true but, there still is a strong following of bitcoin in the US.
I am new to bitcoin so I am not exactly sure of trends within bitcoin.
One potential outcome that I thought might be possible is that people would feel less secure about the strength of the US economy and start looking at alternatives to putting all their trust in the future value of the US dollar. If that would be the case, bitcoin is a strong decentralized alternative.
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X-ray
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September 24, 2016, 02:15:15 PM |
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US won't affect bitcoin that much,keep in mind that majority of bitcoin users is not in US,but if there's bitcoin mentioned in debates and with good or positive thing behind it,it would affect,even just a little bit,if they didn't, don't expect too much
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Ayers
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September 24, 2016, 02:49:35 PM |
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china have a bigger influence, so maybe if there is a presidential debat there it might affect the market greatly, than in any other place, and what was the last time in china there was something like this?
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~Bitcoin~
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September 24, 2016, 05:36:53 PM |
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I think it will not influence strongly but we may see few quick reaction over bitcoin market when election result will be announced. If donald trump win this may effect price positively as he seem to be quite supportive towards bitcoin rather than clinton.
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mindrust
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September 24, 2016, 05:45:06 PM |
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I don't think it will have any effect on bitcoin. Non of the candidates have said anything about bitcoin yet. That debate will affect USD more likely. And USD may or may not affect Bitcoin. Just a little probably. It will affect EURO and GOLD a lot more than bitcoin i think.
Russia and EU secretly supports Trump to get elected. If Trump leaves the debate as the winner than EUR might rise a bit.
Any other vampires out there supports freak evil lunatic Killary. (includes: Pharm. companies, Soros, Hollywood fags, Goldman/Lynch/Morgan and the other Banker Fags and many more.)
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thejaytiesto
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September 24, 2016, 05:53:43 PM |
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Hillary would bring more "NWO" stability, so I don't see it having any impact on the bitcoin price.
Now Trump is a whole nother different beast. Since he is a billionaire, in theory he is his own boss and this means instability for the NWO. It can be either good or bad, you never know with Trump, he is unpredictable. So this, again in theory, means BTC will go up.
Of course, there are some people that say Trump is NWO too and it's another Soro's bitch, so who knows. Trump never mentioned the Soros leaks so this makes me think that he is scared of Soros.
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pitham1
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September 25, 2016, 12:44:07 PM |
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If the markets as a whole move up, because people are feeling bullish, then some of this sentiment could rub off on Bitcoin as well. Otherwise, I don't think there will be any effect.
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bryant.coleman
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September 25, 2016, 06:04:49 PM |
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Unless one of the presidential candidates actually mentions Bitcoin during the debate, it is not going to influence the exchange rates. However, stock market is going to get affected, as the wall street giants are running scared of Trump. If he performs well in the debate, then we can expect a small decline in the market indices on Tuesday.
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amacar2
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September 25, 2016, 07:19:26 PM |
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Donald trump may win and he may try to release few more laws to make wide passage for bitcoin/blockchain related platforms as well as may weaken the restriction over bitcoin transaction. This can make good effect on price and may be american will also follow the chinese trend of holding fiat in bitcoins.
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The Sceptical Chymist
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September 25, 2016, 11:52:00 PM |
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Christ on a cracker, I don't even want to think about those damn debates tomorrow. If Trump gets elected, we are screwed, all of us.
As far as how bitcoin will react? I can't imagine it'll react at all, and I'm not sure if there's any truth to that statement about the stock market. If you could predict something like that, it wouldn't happen. Efficient Market Hypothesis and all. I'll definitely be watching all of it, though.
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HabBear
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September 26, 2016, 04:20:06 AM |
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Christ on a cracker, I don't even want to think about those damn debates tomorrow. If Trump gets elected, we are screwed, all of us.
Both major candidates are surrounded by scandal. The only honest option in the bunch is Gary Johnson. I'm glad he's getting more and more press as the election date arrives. Anyone voting Democrat or Republican is voting for their greed and corruption to continue. In short, we've been getting screwed for a long time. If you want that to change, vote for the third party.
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pooya87
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September 26, 2016, 05:59:41 AM |
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I just finished reading an article about the trends of the stock market after the US presidential debate. According to the article stocks in the past have seen a jump after the debate.
Could we expect the same for BTC?
What would be the affect if the debate is viewed as negative? What would be the affect if the debate is viewed as positive?
it is only US not the whole world. the stock market you read is mainly inside the country so any effect on that market is understandable but not bitcoin since it has a global market. although there is a chance that the new president changes some rules about bitcoin usage and take a different more swift approach that can affect bitcoin that way.
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machinek20
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September 26, 2016, 09:29:46 AM |
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I dont think it will affect anything because the bitcoin is depends on market demand and supply its not the same with the stock market, and after that the majority of the bitcoin user is not from america, and to be honest i think the government debate is only going to make bitcoin reputation become worse, because when the user know bitcoin is going to be interfere by government they will leave bitcoin
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Zosuda
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September 26, 2016, 11:41:49 AM |
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I dont think it will raise alot since Bitcoin is used by the whole world not just the united states of America.
It may effect the orice of the dollar which will make a little difference imo
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yayayo
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September 26, 2016, 01:52:56 PM |
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The presidential debate is entirely irrelevant for Bitcoin. It's even doubtful if there is a significant effect on stock markets, since there are only correlational data and financial journalists tend to construct cause-and-effect relationships out of any arbitrary combination of various political variables and stock market developments.
Moreover for Bitcoin an significant effect of the presidential debate can be ruled out for at least two reasons:
First, the Bitcoin market is very small compared to the stock market with very few actors present. These market actors are much less associated with the traditional financial establishment that may pay attention to political debates. Because Bitcoin is still not widely popular, it's also unlikely that new market participants will be entering the scene because of a thematically unrelated debate.
Second, Bitcoin is not dependent on different policies. Luckily, it's a decentralized currency, so there is not much any government can do to prevent it from being used.
ya.ya.yo!
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Ayers
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September 26, 2016, 02:24:24 PM |
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The presidential debate is entirely irrelevant for Bitcoin. It's even doubtful if there is a significant effect on stock markets, since there are only correlational data and financial journalists tend to construct cause-and-effect relationships out of any arbitrary combination of various political variables and stock market developments.
Moreover for Bitcoin an significant effect of the presidential debate can be ruled out for at least two reasons:
First, the Bitcoin market is very small compared to the stock market with very few actors present. These market actors are much less associated with the traditional financial establishment that may pay attention to political debates. Because Bitcoin is still not widely popular, it's also unlikely that new market participants will be entering the scene because of a thematically unrelated debate.
Second, Bitcoin is not dependent on different policies. Luckily, it's a decentralized currency, so there is not much any government can do to prevent it from being used.
ya.ya.yo!
yeah also i think those that are buying bitcoin, hate fiat so they do not care about presidential stuff, and everything sorrounding legal currency, infact in the past when there were some big crysis in cny or euro or other, there was not a significant boost in bitcoin
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bryant.coleman
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September 26, 2016, 05:29:32 PM |
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I dont think it will raise alot since Bitcoin is used by the whole world not just the united states of America.
It may effect the orice of the dollar which will make a little difference imo
The whole world not just the United States, but the US is the most important market as far as BTC is concerned. If you look at the Bitcoin trade volumes (i.e the real volumes after excluding the rigged data from China and Hong Kong), you can see that US contributes much more than the European Union and Russia combined.
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bitbunnny
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September 26, 2016, 06:32:20 PM |
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Don't think that presidential debate could influence the Bitcoin, both positive or negative. USA elections just don't affect the Bitcoin in substantial way.and they can't cause any remarkable changes on Bitcoin market like they can influence the stock exchange. So, we don't have to worry about the election result, at least not in regard of Bitcoin.
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