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Bitcoin Bounces, Futures Flounder as Trump Nears Presidential Upset
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Topic: Bitcoin Bounces, Futures Flounder as Trump Nears Presidential Upset (Read 867 times)
XCoinCall
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Re: Bitcoin Bounces, Futures Flounder as Trump Nears Presidential Upset
November 11, 2016, 01:46:04 PM
#21
Quote from: Cashew on November 11, 2016, 12:46:55 PM
The effect was as excepted, short-lived, and now, when I saw the topic, it has already ended.
Let's hope it will go back to what it was
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Searing
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Re: Bitcoin Bounces, Futures Flounder as Trump Nears Presidential Upset
November 11, 2016, 01:48:54 PM
#22
Quote from: XCoinCall on November 09, 2016, 12:19:21 PM
http://www.coindesk.com/bitcoin-bounces-futures-flounder-trump-nears-presidential-upset/
What's your opinion on this?
Get out in the Sunshine. Don't sweat the small stuff. It will not matter a lick when he gets pissed off at Putin with a who has the bigger dick contest
and flushes the Nukes in Jan or Feb 2017. (hope I'm kidding...really, really hope I'm kidding...but my last joke was him being President and look where that got us)
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Re: Bitcoin Bounces, Futures Flounder as Trump Nears Presidential Upset
November 11, 2016, 04:23:22 PM
#23
Quote from: Cashew on November 11, 2016, 12:46:55 PM
The effect was as excepted, short-lived, and now, when I saw the topic, it has already ended.
Yeah unless you're a day trader, this should not have any effect for you.
The long term trends are still very positive and there's no reason to think that would change any time soon.
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Re: Bitcoin Bounces, Futures Flounder as Trump Nears Presidential Upset
November 11, 2016, 05:15:48 PM
#24
Quote from: yayayo on November 09, 2016, 01:36:29 PM
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!
Great analysis , i have to agree especially with the bitcoin long term hold .......
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