Kakmakr (OP)
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January 17, 2017, 07:02:19 AM |
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So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?
Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?
Give your view on this?
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davis196
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 17, 2017, 01:52:04 PM |
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So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?
Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?
Give your view on this?
I don`t care about the Trump inauguration.When Trump was elected as president there was a small increase in the bitcoin price for only 24 hours. Serious investors don`t care much about his inauguration,they care about his economic policy.
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BitcoinHodler
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January 17, 2017, 02:42:24 PM |
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if we are talking about real investors then they know very well what they are doing with their money and have enough experience to know how to look at charts (not looking at last 2 weeks but look at last 8 years) and also analyze the future of bitcoin based on what bitcoin is and what kind of potential it has.
volatility like this, which are temporary only scares away newbies.
also volatility is what day-traders want, not saying all investors are that but it will attract more of day traders.
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Holding Bitcoin More Every Day
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Idrisu
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 17, 2017, 03:36:56 PM |
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So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?
Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?
Give your view on this?
I don't think the inauguration will have much impact on the price of bitcoin. After inauguration I believe Trump administration will come with policy that will determine bitcoin price or influence bitcoin price in America. Though many analysis said from the body language of his appointment, he may going to be friendly with bitcoin but let wait and see what is going to happen.
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gentlemand
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January 17, 2017, 03:41:16 PM |
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I don't believe there are any more than a handful, or absolutely no, big time investors involved with Bitcoin. That doesn't mean Trump's moves won't be used as inspiration for future pumps and dumps by the usual bunch.
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manselr
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January 17, 2017, 04:07:27 PM |
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So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?
Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?
Give your view on this?
We have already seen an impact in the cryptoworld. I think Trumpcoin went up to x15, that's a ton of money out of nowhere all because of trump. Maybe the current BTC rally is also due the psychological factor of expectation for a certain date. We may see 1000+ again for 20th, who knows. I think the people that sold at below 800 fucked up big time.
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SONG GEET
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January 17, 2017, 04:26:50 PM |
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We have already seen an impact in the cryptoworld. I think Trumpcoin went up to x15, that's a ton of money out of nowhere all because of trump.
Maybe the current BTC rally is also due the psychological factor of expectation for a certain date. We may see 1000+ again for 20th, who knows. I think the people that sold at below 800 fucked up big time.
However trumpcoin pump is just a FUD, we have seen it getting pumped and dumped really hard before also during election time. The one who are still holding trump may get heart attack after few days if they keep holding. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Current BTC dump/correction was due to PBOC investigating chinese exchange platform, are you talking about 1000+ within jan 20th ? That is quite high expectation, i think price may jump over 900 by that time.
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error08
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 17, 2017, 04:59:07 PM |
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So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?
Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?
Give your view on this?
I don`t care about the Trump inauguration.When Trump was elected as president there was a small increase in the bitcoin price for only 24 hours. Serious investors don`t care much about his inauguration,they care about his economic policy. Actually, Trump as president has big impact on how investors reacted to protect their wealth against negative impact from Trump economics policy. We can't say for sure, but the price keep climbing up again. Hopefully it will reach $1000 soon. [/Quote] I think the people that sold at below 800 fucked up big time.
Haha, they should be regret it if no need to hurried and sold their coins without any important expenses. I've felt it once and won't do the same mistake twice.
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popovicbit
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January 17, 2017, 05:09:14 PM |
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Do you think this event would influence investors to move towards Bitcoin or Gold?
You are asking the wrong question. The real way to think about short term price movements is...what future event can manipulators use to their advantage to pump or dump btc? The whole China narrative was great for manipulators.
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sartorpc
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January 17, 2017, 05:10:37 PM |
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I think Bitcoin will surpass gold, Bitcoin is the future.
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olushakes
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January 17, 2017, 05:21:50 PM |
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For me I don't see how the inauguration of Trump coming to influence bitcoin because the people OP is referring to using bitcoin as a safe haven, what were they doing before now when its not that a policy is coming immediately Trumps ascends to power. Neither is Trump saying its a crime to have wealth immediately he is in the oval. Lets just stop getting ahead of ourselves whether the price will increase on drop is a largely a function of action and not guesses.
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Lucius
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January 17, 2017, 05:34:41 PM |
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People are always looking for a reason when price go up or down,this time some will say that this increase is happen because of Trump inauguration.Considering that this is Trump and that he is actually an entrepreneur it is possible that he will be in favor of BTC.It is hard to say whether he or how will affect on BTC,but if he carried out some of his ideas in reality the world will be a little different place than it is now.
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Slark
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January 17, 2017, 05:38:50 PM |
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I don't think that insignificant filler news will have real impact on bitcoin price. I've read some articles which insinuated that Trump's inauguration will have positive influence on Bitcoin's price but history is not confirming it. It is another small-time political FUD, nothing will change - and definitely not to the extend of us having another pump.
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Kprawn
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January 17, 2017, 06:54:32 PM |
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Traders and investors panic quickly, so I would not be surprised if the inauguration would spark a small spike in the Bitcoin sales. {upwards} The reality of a Trump presidency has not kicked in yet, but the inauguration will push people into a panic mode and they would seek more calm waters. Bitcoin has been in this position before with many other countries too. { Greece, Venezuela....} ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Huge Black Woman
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January 17, 2017, 07:00:25 PM |
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Nah nonna that booshit matters. Ain't no crypto thet reacts ta polly-ticks like gold do o' like tha stock market do. But as the grumpkins say, speculatehz gon' speculate. We above 900 rite now!!
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manselr
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January 17, 2017, 07:07:17 PM |
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People are always looking for a reason when price go up or down,this time some will say that this increase is happen because of Trump inauguration.Considering that this is Trump and that he is actually an entrepreneur it is possible that he will be in favor of BTC.It is hard to say whether he or how will affect on BTC,but if he carried out some of his ideas in reality the world will be a little different place than it is now.
I think it's a little bit of both. The reason that trump is going to become the next president shakes the entire geopolitical spectrum up, prices tend to shake too. But to what extent is this the reason the bitcoin is rallying? we cant know, what we know is, bitcoin is looking fantastic at 900+ again, showing it can recover from big blows time after time.
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Denker
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January 17, 2017, 08:46:57 PM |
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So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?
Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?
Give your view on this?
We have already seen an impact in the cryptoworld. I think Trumpcoin went up to x15, that's a ton of money out of nowhere all because of trump. Maybe the current BTC rally is also due the psychological factor of expectation for a certain date. We may see 1000+ again for 20th, who knows. I think the people that sold at below 800 fucked up big time. Yes this is one group, people who sold because they thought we will go down even more. The other group are the shorters who got absolutely rekt today! I knew a few and that guys lost a shit ton of money. Feel a bit pitty for them to be honest.But this is what happens when you get greedy and take even more risk.
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Sahyadri
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January 17, 2017, 08:54:37 PM |
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Maybe a few people who invest upon hearsay. I don't see any major impact on bitcoin prices due to Trump's inauguration.
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ArdiPrabowo
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January 17, 2017, 09:13:42 PM |
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Trump effect, is spesific US president election effect in bitcoin price after presiden election end, trump win US dollar is strong bitcoin price strong too trump inauguration to white house, dollar price down, but bitcoin price this now still up, after down price, follow us dollar price down
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Shiroslullaby
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January 17, 2017, 11:04:25 PM |
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Trumps trade policies with China may have some effect, depending on what they look like. Bitcoin is super tied to the price of Chinese currency and investors in that country right now. Other countries in Asia and the United States play a role but China is still the biggest factor right now.
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