Trump inauguration and Bitcoin price

[angaper]

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? 

Under the current conditions of high volatility and how easily it is manipulated by big whales, of course a serious and conservative investor would not have interest in seeing bitcoin as a safe haven for his assets.

[MatDerKater]

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? 

Bitcoin could be ended tomorrow by the PBOC if they had the mind to do so.

Bitcoin is not, and never will be a safe haven for any serious volume of wealth. At best, it is a good means of evading capital controls and a highly volatile financial asset where shark traders can and do make a fucking killing at Joe Sixpack's expense......

......better watch they dont deplete the food chain though....

[andrei56]

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? 

It depends on what he does in the first days or weeks after being inaugurated, if he takes policies that strengthen the U.S. then we may see a small drop in the bitcoin price, but if they don't like his policies we may see a small increase in price.

[manselr]

Well whatever might happen we are about to find out. I would pay attention to chinese houes for any action in the markets, usually this is when most people in the west are sleeping tho, so that's a problem. Maybe it's worth staying up all night? Im not sure. There's an Alex Jones stream, that may make it fun, he is hilarious. You can look at that while monitoring the bitcoin price. The price is looking great tho, looks like 900 boat is back.

[jman0war]

As a 'safe haven'?  No

An opportunity to pump and dump, YES.

[jaberwock]

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. 

Of course the practical effects of the inauguration days will be negligible, but may be used for the manipulators to justify a short term pump and dump. Like if price rises all of sudden with no news, people will think about manipulation and won't buy or will sell, but with this event they may think the rise was because of the inauguration day and will buy or not sell until the "correction"

May be a good opportunity for some shorting.

Or if terror attacks the price of BTC and safe assets may really increase, we all know many people are really pissed off because of Trump

[jackshephard]

I doubt it would take effect so soon, I truly think the price would increase with donald trump if he actually do what he said he would, at that time investors will be looking for alternative options and BTC might get some of it.

[d5000]

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?

Serious investors should know that Bitcoin is a risky investment. On a first glance it is a "scarce" commodity, but on the second view the concept can be copied, as we see with the "altcoins". This has been criticised recently by Warren Buffet.

What's scarce - and where the opportunity in BTC lies - is the blockchain security and the network of bitcoin-related enterprises and the user base - "the Bitcoin network". A serious investor who wants to go in in BTC for the "long term" must therefore investigate if this network is likely to grow or not.

Unfortunately, I consider Trump a danger for the "bitcoin network". That's because his protectionist views could damage the Bitcoin economy of the US by imposing more strict regulations on online currencies, and it's possible that other countries would follow this way if nationalist/protectionist movements win elections in the coming years (e.g. France).

So Trump, in my opinion, is probably bearish for Bitcoin - we'll see it -, and an investor with the necessary knowledge could share this view. So I think that most investors would prefer other commodities like real estate.

[JariKriting]

yesteday trump inauguration is finish and end
not affect to bitcoin price
only affect to dollar and gold, yesteday dollar is down price is euro and swiss france

[bigpattywhack]

FYI-

Bitcoin is about to start its next waves of pumping. Who cares if its trump or china or god as long as it pumps to 10k so we all become very rich.

[Okurkabinladin]

I believe the act of inauguration was priced in by the markets weeks before the happening itself. It shouldnt surprise anybony, that the price here or on DOW didnt move much.

On a side note, financial elites are backing new president, which should be seen as bullish. Only political elites are against him and those proven themselves to be incompetent as far economics go.

Lets see how it unfolds, I am on Trump boat in the exciting new sea of opportunities.