Juggy777 (OP)
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November 08, 2016, 07:40:46 AM |
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With American Elections coming to a end, whoever wins, will Bitcoin world be affected or not? I mean can the price suddenly shoot up or down. Or they put any kind of restraints or start accepting it for local use? Could Bitcoin benefit or will it be at a disadvantage
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helloeverybody
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November 08, 2016, 07:46:53 AM |
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I doubt it would cause any effect on bitcoin, some may argue otherwise but imo the only thing it might do is cause a pump in price purely because the people who do the pumps dont really need much of a reason other than other people thinking the price should go up. Although if either of these two are elected and its suspected the dollar may drop as consequence then perhaps people will move more money into btc.
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carlfebz2
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November 08, 2016, 07:59:24 AM |
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With American Elections coming to a end, whoever wins, will Bitcoin world be affected or not? I mean can the price suddenly shoot up or down. Or they put any kind of restraints or start accepting it for local use? Could Bitcoin benefit or will it be at a disadvantage
I could assume that it would affect bitcoins price if dollar would change its way but I don't think people would switch to bitcoin when that thing happends. Actually we cant really predict the future on what would really happen though, as the election is on process we could really see the next event when its done and into upcoming months to come.
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NeuroticFish
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November 08, 2016, 08:04:07 AM |
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Some say that if Trump wins, the dollar may go lower for a while. And that would mean the Bitcoin's price vs Dollar will be better. But actually the elections should be the end of a time frame for speculations, the Dollar should stabilize and Bitcoin would fall or start having ups and downs around a value (maybe 700$, maybe a bit lower).
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Juggy777 (OP)
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November 08, 2016, 08:45:12 AM |
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Some say that if Trump wins, the dollar may go lower for a while. And that would mean the Bitcoin's price vs Dollar will be better. But actually the elections should be the end of a time frame for speculations, the Dollar should stabilize and Bitcoin would fall or start having ups and downs around a value (maybe 700$, maybe a bit lower).
There are some crazy speculations going around. So far hillary is leading so, yet time. For some speculation. I hope it doesn't crash, I hope btc keeps on rising lol. Let's hope for the best.
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tee-rex
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November 08, 2016, 09:13:49 AM |
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With American Elections coming to a end, whoever wins, will Bitcoin world be affected or not? I mean can the price suddenly shoot up or down. Or they put any kind of restraints or start accepting it for local use? Could Bitcoin benefit or will it be at a disadvantage
Naturally, it all depends on what actions the next POTUS is going to take. In my view, which markets confirm, the economic policy of Hillary Clinton will be based on easy money, also known as quantitative easing or helicopter money. Such a policy led to gold surging a few times in 2009-2011, therefore we could expect the Bitcoin price to increase with dollar value depreciating. Donald Trump seems to be more prone to restrictive economic policies that would lead to dollar appreciation and, consequently, to Bitcoin price potentially going down. But this is purely hypothetical because there are a lot of other factors affecting Bitcoin more seriously. For example, the real or purported actions of Chinese authorities directed toward Bitcoin regulation will have more influence on Bitcoin price than the American elections and their outcome.
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pedrog
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November 08, 2016, 09:15:56 AM |
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I doubt there will be any direct effects on bitcoin because of US elections, bitcoin is way too small for those people to care about it or even notice it.
But when President The Donald starts nuking Europe that will suck donkey balls, and we will be too busy dying of radiation poisoning to care about our bitcoins.
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NUFCrichard
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November 08, 2016, 09:17:51 AM |
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Bitcoin seems more along Trump's alley that Hillary's. It is a bit like PMs, he likes those. It could be used to move money around, not always in a legal setting, he likes that too!
Hillary is the status quo, she will back the USD to the hilt. I hope she wins, but Trump could well be better for Bitcoin.
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CraigWrightBTC
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November 08, 2016, 09:19:46 AM |
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With American Elections coming to a end, whoever wins, will Bitcoin world be affected or not? I mean can the price suddenly shoot up or down. Or they put any kind of restraints or start accepting it for local use? Could Bitcoin benefit or will it be at a disadvantage
I think there are no impact on bitcoin's price because bitcoins is not like stocks or forex that be controled by government, so the election of president in USA will not make impact on bitcoin and i am doubt the winner will be care about bitcoin.
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shinratensei_
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November 08, 2016, 09:37:22 AM |
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With American Elections coming to a end, whoever wins, will Bitcoin world be affected or not? I mean can the price suddenly shoot up or down. Or they put any kind of restraints or start accepting it for local use? Could Bitcoin benefit or will it be at a disadvantage
None, both are not giving anything for bitcoin, in Hillary's campaign he seems giving a kind feedback on the blockchain system, and that's just a trick, whenever Hillary are can roll their mind for doing the opposite things. Both are not giving any impact for bitcoin.
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reddibrek
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November 08, 2016, 12:36:38 PM |
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BTCLovingDude
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November 08, 2016, 12:41:33 PM |
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With American Elections coming to a end, whoever wins, will Bitcoin world be affected or not? I mean can the price suddenly shoot up or down. Or they put any kind of restraints or start accepting it for local use? Could Bitcoin benefit or will it be at a disadvantage
anything is possible and price can go in either way and then come back to its normal speed and normal state because US is only one country among others who are using bitcoin! but how i see this is that they usually don't change their stance by that much even if one of them said something for bitcoin and the other said something against it, it really doesn't mean things will be that much different with either of them winning.
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Taki
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November 08, 2016, 02:33:15 PM |
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I didn't hear anything aginst or any support from both candidates. I even doubt that the final decidion and the person that will win will affect on bitcoin somehow. Bitcoin is independed from politic segment of the market. Everything they can do for bitcoin is to forbid it in America or opposite make it more official and accepted. Nobody knows who will win and what position to bitcoin will be taken. Anyway, soon we all will know.
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jtipt
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November 08, 2016, 02:58:25 PM |
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I don't think it would have much effect on bitcoin, both the candidates have shown only slight support for bitcoin only on some select occasions. If they had discussed about it more and promised some kind of policies on bitcoin then it would had affected the price maybe.
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Denker
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November 08, 2016, 03:17:49 PM |
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I don't think so. I mean what can they do? Sure banning Bitcoin.But would that stop Bitcoin being used? For sure not! However Hillary will support the banks and Wall Street wherever she can. I'm not sure about Trump and his view about that. But as I said it doesn't really matter. The industry will continue growing, worldwide.Bitcoin is not just USA or China!
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UnDerDoG81
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November 08, 2016, 03:25:01 PM |
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Some say that if Trump wins, the dollar may go lower for a while. And that would mean the Bitcoin's price vs Dollar will be better. But actually the elections should be the end of a time frame for speculations, the Dollar should stabilize and Bitcoin would fall or start having ups and downs around a value (maybe 700$, maybe a bit lower).
Some say that if Cliton wins, we will be in WWIII very soon. I guess BTC will be worthless then. Best thing to invest is real gold barrells. Buy them and hide them. If you survive the nuclear attacks, you can use the gold to buy some nuclear wasted food.
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tee-rex
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November 08, 2016, 03:44:18 PM |
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Some say that if Trump wins, the dollar may go lower for a while. And that would mean the Bitcoin's price vs Dollar will be better. But actually the elections should be the end of a time frame for speculations, the Dollar should stabilize and Bitcoin would fall or start having ups and downs around a value (maybe 700$, maybe a bit lower).
Some say that if Cliton wins, we will be in WWIII very soon. I guess BTC will be worthless then. Best thing to invest is real gold barrells. Buy them and hide them. If you survive the nuclear attacks, you can use the gold to buy some nuclear wasted food. This has already been discussed lately. Buying firearms and ammo in bulk quantities will help you much better in the case of this or similar disaster (for example, a social upheaval). Anyways, if you can't defend your gold, it will be useless. With guns and gold you will fare much better than with gold alone. That's why the possession of gold pretty well correlates with the possession of guns. Come and take it.
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UnDerDoG81
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November 08, 2016, 04:59:19 PM |
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Some say that if Trump wins, the dollar may go lower for a while. And that would mean the Bitcoin's price vs Dollar will be better. But actually the elections should be the end of a time frame for speculations, the Dollar should stabilize and Bitcoin would fall or start having ups and downs around a value (maybe 700$, maybe a bit lower).
Some say that if Cliton wins, we will be in WWIII very soon. I guess BTC will be worthless then. Best thing to invest is real gold barrells. Buy them and hide them. If you survive the nuclear attacks, you can use the gold to buy some nuclear wasted food. This has already been discussed lately. Buying firearms and ammo in bulk quantities will help you much better in the case of this or similar disaster (for example, a social upheaval). Anyways, if you can't defend your gold, it will be useless. With guns and gold you will fare much better than with gold alone. That's why the possession of gold pretty well correlates with the possession of guns. Come and take it. Thank god (or whoever) I live in Germany, it´s almost impossible to get guns and I am very thankfull for that ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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BillyBobZorton
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November 08, 2016, 05:12:42 PM |
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With American Elections coming to a end, whoever wins, will Bitcoin world be affected or not? I mean can the price suddenly shoot up or down. Or they put any kind of restraints or start accepting it for local use? Could Bitcoin benefit or will it be at a disadvantage
According to Julian Assagne, the elections are rigged and Hillary Clinton is already the new POTUS: https://www.youtube.com/watch?v=_sbT3_9dJY4I forgot where he exactly says it but I recommend watching the whole thing. He says that Trump will not be allowed to win. This made me consider a bet for Hillary, but then again, what if he actually wins? everyone was saying the brexit was rigged but it actually happened...
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jimbobway
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November 08, 2016, 05:13:37 PM |
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If Trump wins and he build the wall or blocks visas then the price of bitcoin could go up. People can no longer send U.S. dollars to Mexico so they will be forced to use something like bitcoin.
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