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cotton ball
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December 25, 2016, 11:27:15 PM |
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Trump didn't like bitcoin because majority of abuse in the black market using bitcoin. Trump promised to investigate any US businesses were involved with bitcoin, this is very confusing for me.
Trump only concerned with dollar. But precisely because of this, bitcoin exchange rate will rise.
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ImHash
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December 25, 2016, 11:40:07 PM |
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Bitcoin exist to exclude usa from people's money affairs.
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strasboug
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December 26, 2016, 12:21:55 AM |
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Trump didn't like bitcoin because majority of abuse in the black market using bitcoin. Trump promised to investigate any US businesses were involved with bitcoin, this is very confusing for me.
Trump only concerned with dollar. But precisely because of this, bitcoin exchange rate will rise.
Not sure I understand you... if the dollar is strong then bitcoin will be weaker, as bitcoin is denominated in US dollar. This is like the gold, when dollar increases, gold usually fall. |
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nakedbitcoins
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December 26, 2016, 12:40:22 AM |
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Trump is god.
God bless Trump.
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TTMNewsK
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December 26, 2016, 12:57:04 AM |
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Well, Trump doesn't even know what bitcoin is.
So, Trump won't support the bitcoin coz he doesn't even know it.
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wildworld
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December 26, 2016, 01:03:50 AM |
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I say honestly what I think!
I think President Trump will be very good for USA. And for Bitcoin. It is a business man and in business you have to decide.
I have great respect for President Trump et a president like President Vladimir Putin.
I am sure that President Trump also Bitcoin has in his wallet!
Did you know how many people in politics have Bitcoin?
They're not going to write in the news because otherwise they get lost their job :-) :-)
Believe me Bitcoin will rise much in the future.
See Bitcoin few years ... you will be amazed :-)
That's my opinion and I believe in!
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Positid
Sr. Member
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Activity: 378
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BULL RUN until 2030
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December 26, 2016, 02:19:27 AM |
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Well, Trump doesn't even know what bitcoin is.
So, Trump won't support the bitcoin coz he doesn't even know it.
Are you kidding me? A President of a powerful state does not know about bitcoin. lol |
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deisik
Legendary
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Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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December 26, 2016, 09:29:58 AM |
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Trump didn't like bitcoin because majority of abuse in the black market using bitcoin. Trump promised to investigate any US businesses were involved with bitcoin, this is very confusing for me.
Trump only concerned with dollar. But precisely because of this, bitcoin exchange rate will rise.
Not sure I understand you... if the dollar is strong then bitcoin will be weaker, as bitcoin is denominated in US dollar. This is like the gold, when dollar increases, gold usually fall. You are apparently confusing two different things. If Bitcoin is priced in the US dollars and the value of the dollar changes, it doesn't imply that the value of Bitcoin will mechanically change too. It is the price of Bitcoin denominated in US dollars that changes, while its price in other currencies might remain the same since the price of the latter in dollars may also change in the same degree. And a totally different thing happens when the change in the dollar value also affects the value of Bitcoin (or gold). But this impact is not mechanical since it is brought about by real processes as opposed to simple arithmetical dependence. For example, by people dumping depreciating dollars and running into gold and Bitcoin as safe havens, thereby increasing the value of both assets... The difference is subtle but it is still a difference of kind, not a difference of degree |
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tabas
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December 26, 2016, 10:15:41 AM |
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Well, Trump doesn't even know what bitcoin is.
So, Trump won't support the bitcoin coz he doesn't even know it.
Are you kidding me? A President of a powerful state does not know about bitcoin. lol Trump is a businessman and for sure he already know what bitcoin is. And as long as Trump sees that it can give a boost to the US's economy then that's sure that Trump is going to do something to make bitcoin to be used and known to his nation in his way. But still we don't know what is going to be playing on his mind about bitcoin. |
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TastyChillySauce00
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Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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December 26, 2016, 10:36:53 AM |
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Well, Trump doesn't even know what bitcoin is.
So, Trump won't support the bitcoin coz he doesn't even know it.
Are you kidding me? A President of a powerful state does not know about bitcoin. lol Trump is a businessman and for sure he already knows what bitcoin is. And as long as Trump sees that it can give a boost to the US's economy then that's sure that Trump is going to do something to make bitcoin to be used and known to his nation in his way. But still we don't know what is going to be playing on his mind about bitcoin. Even trump is a businessman doesn't mean he really knows about bitcoin maybe he'd ever heard about it but what's his affair of making bitcoin known on his country? it's none of his business by the way and if he's really seem to like bitcoin like what you've talked then he must have ever talked about bitcoin on his campaign or afterwards but we only see nothing |
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warwar
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December 26, 2016, 10:51:58 AM |
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Well, Trump doesn't even know what bitcoin is.
So, Trump won't support the bitcoin coz he doesn't even know it.
Are you kidding me? A President of a powerful state does not know about bitcoin. lol Trump is a businessman and for sure he already knows what bitcoin is. And as long as Trump sees that it can give a boost to the US's economy then that's sure that Trump is going to do something to make bitcoin to be used and known to his nation in his way. But still we don't know what is going to be playing on his mind about bitcoin. Even trump is a businessman doesn't mean he really knows about bitcoin maybe he'd ever heard about it but what's his affair of making bitcoin known on his country? it's none of his business by the way and if he's really seem to like bitcoin like what you've talked then he must have ever talked about bitcoin on his campaign or afterwards but we only see nothing Agree! I think too that trump dont know what is bitcoin. We could say that he is a business man i think he havent yet use bitcoin he just heard it and think it is useless thing. But if he is one of use using it i think we are happy right now because of the demand and the price of bbitcoin is really great. But now he has no idea what is bitcoin |
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Victorycoin
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December 26, 2016, 10:17:48 PM |
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I like you question, also i have same thinking.
And in my point of view, i think President of USA, Trump will be like bitcoin, because he is already big big businessman. Also i don't think that any good businessman don't invest in bitcoin even he know that.
I have asked the question because he has always seemed Bitcoin friendly. But the plans he has announced for the economy, actually speak against Bitcoin. For example, he wants debt-financed infrastructure projects and he is against increasing the interest to weaken the US-Dollar. It follows that he wants inflation and debt devaluation. Both do not fit the way Bitcoin works. I don't quite get your point. You say that Trump wants inflation and debt devaluation but at the same time you say that he is against raising interest rates to weaken the US dollar. How can it possibly be this way? I mean he can't be against dollar depreciation and simultaneously want inflation because inflation means exactly that. Trump is intending to make the American economy strong again and that would definitely entail the printing of money from thin air. With so much money in circulation, inflation can't help but show up, then the exodus to bitcoin and other cryptocurrencies would take the stage as we are seeing in many countries, whose people have lost faith in their natural currency. |
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dihari
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December 26, 2016, 10:24:12 PM |
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I think it's just our (who is using bitcoin) opinion. Donald Trump is never talk about any crypto currency. And as you know, the money in united state is made and handle by federal reserve that can make any policy without government intervention.
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Capradina
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December 26, 2016, 10:36:08 PM |
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I think it's just our (who is using bitcoin) opinion. Donald Trump is never talk about any crypto currency. And as you know, the money in united state is made and handle by federal reserve that can make any policy without government intervention.
Yup, it's all indeed something thing that probably there will not be any influence if Donald Trump talks about every event he bitcoin pimpin, but it can also provide a great opportunity for the owners of the bitcoin to immediately support the deliberations of the donald trump against bitcoin. For if that is done then there will be a little speech or necessary changes in federal policy. For they will surely be a little to see the advantages and possibility that will happen if used by all of the people there |
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doomloop
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December 27, 2016, 10:38:50 PM |
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In my opinion, the whole discussion related to Trump and Bitcoin comes from the influence of Trump's technological mind Peter Thiel who is a strong supporter of Bitcoin. https://news.bitcoin.com/peter-thiel-trump-transition-team/I think it's just our (who is using bitcoin) opinion. Donald Trump is never talk about any crypto currency. And as you know, the money in united state is made and handle by federal reserve that can make any policy without government intervention.
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boyshx
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December 28, 2016, 12:03:57 AM |
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things will definetely be interesting. The China feud specially.
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UGMZ
Newbie
Offline
Activity: 14
Merit: 0
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December 28, 2016, 12:08:50 AM |
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bitcoin? Trump couldn't give two fucks about bitcoin, His only interest is a new arms race with russia and where is the big red button and how to find Russia on a map... I doubt we will see 2018!!  |
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senyorito123
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December 28, 2016, 12:13:34 AM |
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bitcoin? Trump couldn't give two fucks about bitcoin, His only interest is a new arms race with russia and where is the big red button and how to find Russia on a map... I doubt we will see 2018!! He focused on a warfare against russia right? i never thought trump will give a damn f*ck about bitcoin. 'Coz trumps intention by his power will be "WAR WAR WAR WAR WAR WAR WAR WAR WAR WAR WAR WAR". He said let's make america great again? hmm America is great lately but government f*ck things up. They are manipulating the system of america thats why Trump said that he will make america great again. |
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tee-rex
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December 30, 2016, 04:50:03 PM
Last edit: January 01, 2017, 12:17:14 PM by tee-rex |
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I like you question, also i have same thinking.
And in my point of view, i think President of USA, Trump will be like bitcoin, because he is already big big businessman. Also i don't think that any good businessman don't invest in bitcoin even he know that.
I have asked the question because he has always seemed Bitcoin friendly. But the plans he has announced for the economy, actually speak against Bitcoin. For example, he wants debt-financed infrastructure projects and he is against increasing the interest to weaken the US-Dollar. It follows that he wants inflation and debt devaluation. Both do not fit the way Bitcoin works. I don't quite get your point. You say that Trump wants inflation and debt devaluation but at the same time you say that he is against raising interest rates to weaken the US dollar. How can it possibly be this way? I mean he can't be against dollar depreciation and simultaneously want inflation because inflation means exactly that. Trump is intending to make the American economy strong again and that would definitely entail the printing of money from thin air. With so much money in circulation, inflation can't help but show up, then the exodus to bitcoin and other cryptocurrencies would take the stage as we are seeing in many countries, whose people have lost faith in their natural currency. Excuse me my ignorance, but I can't really understand how he is going to make the American economy strong again by printing even more money. Wouldn't that make it weaker? Or are you being sarcastic? But this doesn't explain how he is against a weaker dollar by printing more dollars if he really has something like this on his agenda. |
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HabBear
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December 30, 2016, 05:35:53 PM |
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Good question. I've read a lot of replies that base their answer on what Trump knows about bitcoin. I think these responses are omitting a major part of the thinking.
Bitcoin is influenced by those that buy, own, or sell it. What does a Trump Presidency mean to all of us? Does it indicate an uncertainty (to us) in the stability of fiat currency, thus pushing more people to seek the safety of bitcoin (due to it's lack of direct link to any Government)?
Another element to review is to look at the timing of the current run up in price against all events happening in the bitcoin industry and the world - do we see any correlations?
Trump is going to help bitcoin, if only because he'll likely bring some instability to the world. And this instability messes with currency and investment markets, which serves as a driver for people to stash more cash in bitcoin.
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