[2016-11-09] Bitcoin Price Rises Sharply As Trump Wins The Election

[Nina Lyon]

Donald Trump becomes the president-elect of the United States and the Bitcoin price reacts immediately. CoinIdol.com conducted a survey and asked Bitcoin and Blockchain experts about possible price changes.

Read more: https://coinidol.com/bitcoin-price-rises-sharply-as-trump-wins-the-election/

[1715413581]

1715413581

[1715413581]

1715413581

[1715413581]

1715413581

[aso118]

It is not just Bitcoin, all markets seem to be reacting on expected lines to Trump's victory. 
Bitcoin's price is correcting now after the rapid rise.

[buwaytress]

Yeah, I think crypto was really just showing that spike because of the USD more than anything else... a bit rich to say bitcoin had anything to lose or gain from whomever became POTUS.

I suddenly can't say though, who would view crypto in a more positive way. Dems might openly support it but actively legislate to curb it while Reps are likelier to be more skeptical yet will do little to try and govern it.

[InvoKing]

Yeah, I think crypto was really just showing that spike because of the USD more than anything else... a bit rich to say bitcoin had anything to lose or gain from whomever became POTUS.

But it will depends on the policy that he will adopts...
I tend to agree with thoses saying bitcoin latest movement is related with the markets reaction which is related with the election
So let's say that the election has a side effect on the market

[InvoKing]

Yeah, I think crypto was really just showing that spike because of the USD more than anything else... a bit rich to say bitcoin had anything to lose or gain from whomever became POTUS.

But it will depends on the policy that he will adopts...
I tend to agree with thoses saying bitcoin latest movement is related with the markets reaction which is related with the election
So let's say that the election has a side effect on bitcoin

[Dank14]

People said Trump will greatly curb bitcoin in the US which might affect well-known exchanges. I am not a citizen but this does not happen.

[buwaytress]

Of course his eventual policies and actions will move markets in a more determined manner, but it is a mild surprise that the knee-jerk losses of election day are now recovered and climbing even!

The naysayers and experts must be red-faced for the second time this year in predicting doom and gloom for underdog politicians.