Bitcoin Bounces, Futures Flounder as Trump Nears Presidential Upset

[XCoinCall]

http://www.coindesk.com/bitcoin-bounces-futures-flounder-trump-nears-presidential-upset/
 What's your opinion on this?

[1714015806]

1714015806

[1714015806]

1714015806

[1714015806]

1714015806

[yayayo]

Initial market movements were quite significant due to the surprise effect. However the market is already calming down, because participants are realizing that Trump is by far not as horrifying like the media tried to paint him. After all, unlike Clinton he's a businessman and has some real world economic experience.

I think the effects of this surprise will be rather short lived. Bitcoin and precious metals will appreciate further though, because even the best president can't solve the systemic crisis of the fiat system. Monetary inflation has happened already - it's only a matter of time before people will see price inflation as well.

So regardless the day-to-day politics, hodl Bitcoin long term is surely the right thing to do.

ya.ya.yo!

[XCoinCall]

We agree with you! Bitcoin is a long term investment!

[Zadicar]

Initial market movements were quite significant due to the surprise effect. However the market is already calming down, because participants are realizing that Trump is by far not as horrifying like the media tried to paint him. After all, unlike Clinton he's a businessman and has some real world economic experience.

I think the effects of this surprise will be rather short lived. Bitcoin and precious metals will appreciate further though, because even the best president can't solve the systemic crisis of the fiat system. Monetary inflation has happened already - it's only a matter of time before people will see price inflation as well.

So regardless the day-to-day politics, hodl Bitcoin long term is surely the right thing to do.

ya.ya.yo!

Completely agree with your statement,   when  trump  wins  the  election for sure   bitcoin  would  surely  rises  up its price  and as you mentioned  the  best way  to do  now  is to  hold  bitcoin  for  long term  purposes.  It  may  not happen  now   but  for sure  it will happen  anytime  soon and the best way to do  is wait.

[addicto]

There is huge potential for huge rise bitcoin will get more stronger. So that I also will do agree there is good chance this time it will grow. Bitcoin will attract more people to save their investment into that.

[Kevin77]

I believe Trump's policies will support alternate investments too. May his policies trigger wave of new investors into bitcoin ecosystem. Definitely we can expect new formations which were not considered during Obama's last eight year term.

[XCoinCall]

Trump gets a big thumbs up regarding monetary politics because he is a businessman and knows how things are working. He has some real life experience!

[Zadicar]

I believe Trump's policies will support alternate investments too. May his policies trigger wave of new investors into bitcoin ecosystem. Definitely we can expect new formations which were not considered during Obama's last eight year term.

Im believing the same thing   too on which Trump  could  possibly make contributions   regarding  on his decision would  really affect  bitcoin  as  i  see hes a  businessman  and  i could  say that  he would see bitcoin  is a good  thing   for  us  thus   lets  wait for   further  actions that   he would  made  regarding  with this. and  for sure it would  really benefit us all.

[XCoinCall]

On the other hand, we have this: https://cointelegraph.com/news/how-hillary-clinton-seeks-to-end-the-internet-bitcoin-and-the-free-world-op-ed
What do you think?

[TastyChillySauce00]

Trump gets a big thumbs up regarding monetary politics because he is a businessman and knows how things are working. He has some real life experience!

i think that managing country is quite a lot different with managing a business even if he's an experienced businessman for about thirty years
there will always a problem popping out and it's new for him
he could adapt with the situation by the time and gaining experience ofcourse and whether he will success or not just matter about the time

[Pursuer]

http://www.coindesk.com/bitcoin-bounces-futures-flounder-trump-nears-presidential-upset/
 What's your opinion on this?

this wasn't really a bounce, but more of a slight rise which didn't even last long enough on top. although there is still time but I never call anything lower than $50 change a rise (or drop if it was on the other side) because these small amounts of change like 10-20 dollars and so are normal daily fluctuations of bitcoin price and even though bitcoin was stable for the better part of the recent past but it doesn't change anything.

[XCoinCall]

Trump gets a big thumbs up regarding monetary politics because he is a businessman and knows how things are working. He has some real life experience!

i think that managing country is quite a lot different with managing a business even if he's an experienced businessman for about thirty years
there will always a problem popping out and it's new for him
he could adapt with the situation by the time and gaining experience ofcourse and whether he will success or not just matter about the time

You are perfectly right! You cannot compare running a business with running a country! But let's say he might be one step ahead due to his economical background !   

[XCoinCall]

http://www.coindesk.com/bitcoin-bounces-futures-flounder-trump-nears-presidential-upset/
 What's your opinion on this?

this wasn't really a bounce, but more of a slight rise which didn't even last long enough on top. although there is still time but I never call anything lower than $50 change a rise (or drop if it was on the other side) because these small amounts of change like 10-20 dollars and so are normal daily fluctuations of bitcoin price and even though bitcoin was stable for the better part of the recent past but it doesn't change anything.

Some could say it is just a coincidence, others could say it's not! We have to keep waiting to see for sure what it is!

[thejaytiesto]

It's already correcting back to 714, it hit 740 and then it started going down. Nice pump for those that sold, I didn't since sooner or later we will explode to 1000+ and I don't want to be the idiot left behind holding fiat.

[Goms]

After you sell at $1000+ you will be holding fiat

Don't know if that spike will take place this year.

[Clement Kaliyar]

There is huge potential for huge rise bitcoin will get more stronger. So that I also will do agree there is good chance this time it will grow. Bitcoin will attract more people to save their investment into that.

people will invest in bitcoin and its not because Trump is elected as the president of America but people does not believe in fiat system

I believe Trump's policies will support alternate investments too. May his policies trigger wave of new investors into bitcoin ecosystem. Definitely we can expect new formations which were not considered during Obama's last eight year term.

i do believe what @yayayo said is the fact ,Trump is a successful business magnet and he wont do anything stupid which would harm the economy but i am expecting him to cut back certain funds which is used in funding other nations to counter terrorism ,have to wait and see what he is going to do.

[outatime1]

It's possible that trump will deregulate which might be good for bitcoin. I don't know for sure and it may have negative affects for consumers in other areas.

[pooya87]

It's possible that trump will deregulate which might be good for bitcoin. I don't know for sure and it may have negative affects for consumers in other areas.

don't be naive, deregulation is never going to happen!
if anything we are going to see more regulations, but the important thing is how those regulations are going to be. sometimes they are restrictive and create a negative thing preventing the growth and forces businesses to either leave that state or stop working with bitcoin. but other times they are not restrictive and they are something that already exist for businesses using fiat and now it is extended to bitcoin.

[arseaboy]

It's possible that trump will deregulate which might be good for bitcoin. I don't know for sure and it may have negative affects for consumers in other areas.

don't be naive, deregulation is never going to happen!
if anything we are going to see more regulations, but the important thing is how those regulations are going to be. sometimes they are restrictive and create a negative thing preventing the growth and forces businesses to either leave that state or stop working with bitcoin. but other times they are not restrictive and they are something that already exist for businesses using fiat and now it is extended to bitcoin.

If there will be regulations in bitcoin community hopefully these won't affect us a negative way. Trump has a lot of things that needs to take care for his country.. I hope he don't mind bitcoins.

[Cashew]

The effect was as excepted, short-lived, and now, when I saw the topic, it has already ended.