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Author Topic: So btc dropped because the hillary clinton campaign is against it?  (Read 1565 times)
Taki
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October 20, 2016, 11:14:00 AM
 #21

I doubt that Clinton and her campaign can affect on bitcoin somehow, same as Trump and his campaign. I don't know reasons why Clinton is against bitcoin. But I know that politic hasn't any effect on bitcoin. Bitcoin's price created only from it's popularity. I even didn't notice that the price gone down. This days it seems frozen on the level a bit higher than 600$. Maybe just bitcoin buying became lower for a moment and that provoked the price to go down.
arseaboy
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October 20, 2016, 11:29:34 AM
 #22

I think Hillary's camp has nothing to do with the dropped of bitcoin.. if they already have an idea about bitcoin I think they will not be against it because there are a lot of opportunities to invest in bitcoin.

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daneranon89
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October 20, 2016, 11:35:20 AM
 #23

I do not think so. Bitcoin price has some influence by politics and I am not saying it doesn't. But I don't think BTC price dropped because the Hillary Clinton campaign is against it. The correction in price can be just another market activity. Bitcoin gained some when Chinese Yuan depreciated, and now some traders must have booked profit which brought the price down.

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October 20, 2016, 11:36:00 AM
 #24

I doubt that Clinton and her campaign can affect on bitcoin somehow, same as Trump and his campaign. I don't know reasons why Clinton is against bitcoin. But I know that politic hasn't any effect on bitcoin. Bitcoin's price created only from it's popularity. I even didn't notice that the price gone down. This days it seems frozen on the level a bit higher than 600$. Maybe just bitcoin buying became lower for a moment and that provoked the price to go down.

i also doubt that in this case hilary or donald had anything to do with the price changes which are really small. but also you should know that bitcoin price sometimes changes in ways that you never expect and the market sometimes is affected by some news that seems ridiculous at first.

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October 20, 2016, 12:06:43 PM
 #25

I doubt that Clinton and her campaign can affect on bitcoin somehow, same as Trump and his campaign. I don't know reasons why Clinton is against bitcoin. But I know that politic hasn't any effect on bitcoin. Bitcoin's price created only from it's popularity. I even didn't notice that the price gone down. This days it seems frozen on the level a bit higher than 600$. Maybe just bitcoin buying became lower for a moment and that provoked the price to go down.

i also doubt that in this case hilary or donald had anything to do with the price changes which are really small. but also you should know that bitcoin price sometimes changes in ways that you never expect and the market sometimes is affected by some news that seems ridiculous at first.
I agree with you. If the bitcoin market price changed because of hillary or trump it wouldn't be a few dollars.
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October 20, 2016, 12:15:16 PM
 #26

it's too late for the Clinton’s opinion of Bitcoin to make it do a policy U-turn.

Not too late to start WWIII though if she wins. In which case Bitcoin is dead, among other things.

The $10 drop yesterday is probably related to ECB telling EU regulators to tighten up control over cryptocurrency and congestion in the Bitcoin network with 20K transactions pending unconfirmed.

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October 20, 2016, 12:47:31 PM
 #27

it's too late for the Clinton’s opinion of Bitcoin to make it do a policy U-turn.

Not too late to start WWIII though if she wins. In which case Bitcoin is dead, among other things.

The $10 drop yesterday is probably related to ECB telling EU regulators to tighten up control over cryptocurrency and congestion in the Bitcoin network with 20K transactions pending unconfirmed.
Its highly probable that a big chunk of the selling was caused due to the huge number of transactions in the pending unconfirmed list.
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October 20, 2016, 03:02:12 PM
 #28

i do not think so that bitcoin is such a week currency that it can be effect bye just a campaign again its  bitcoin is a universal currency and hillary Clinton is not a universal leader, therefor no need to worry about her campaign against bitcoin,
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October 20, 2016, 06:35:22 PM
 #29

i do not think so that bitcoin is such a week currency that it can be effect bye just a campaign again its  bitcoin is a universal currency and hillary Clinton is not a universal leader, therefor no need to worry about her campaign against bitcoin,

I dont think bitcoin itself is at risk, its just fear that made it drop.
Just signals traders used to profit from it.
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