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Author Topic: Will Bitcoin break $2000? because of Trump?  (Read 5750 times)
Wolf Rainer
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January 22, 2017, 10:20:20 PM
 #61

I can´t really see bitcoin breaking the $2000 barrier, not in the short term. First theres some things we have to solve, like the blocks sizes and time per block.
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January 22, 2017, 10:28:13 PM
 #62

Trump can go gargle a brass tube steak.  And as far as bitcoin goes, Trump's stolen election isn't going to affect it.  And even if it was going to have an effect, it would already have been priced in, just like the halving.  Trump is just one leader in the world out of many, and bitcoin is a global asset.

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January 22, 2017, 10:39:13 PM
 #63

Bitcoin is the future cryptocurrency like other cryptocurrencies what we can see in many newspapers,articles,posts,comments,videos and many other TV media,social media and online media things.So that means that Donald Trump know how much bitcoin cryptocurrency is imortant like other cryptocurrencies so I am sure that he will increase price of bitcoin with some laws but not too much.I dont expect kaboom like a 2000$ in 1 day or couple days I expect maybe 200-500$ price goin up because bitcoin price is controlling by China right now and only their traders can affect more to bitcoin price.I also want 2000$ price when Donald Trump change some laws but that will not happent  Cry.Sorry guys I also dont like this what I say about price moving because I also want bigger price then 2000$ with USA new laws but we cant expect that.
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January 23, 2017, 06:05:16 AM
 #64

Nothing is impossible. trump could only give a very good effect for bitcoin. bitcoin price might be $ 2,000 for trump invest huge money for bitcoin. Well, I hope it will happen. if trump is using bitcoin, bitcoin then the price will surely rise.
If Trump's will save his assets to bitcoin, maybe it will be a spike in the price of the bitcoin.
We are certainly happy about that,  because the price bitcoin will go up bitcoin again. But
I am not sure he want to do that.
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January 23, 2017, 07:25:03 AM
Last edit: January 23, 2017, 07:10:34 PM by deisik
 #65

910 dollar is good enough, the new base can now be 900. I think for a moment it was hurt, but nothing was more of a panic sale, now it's over $ 900. It looks like the balance is about $ 919

I wouldn't make any such assumptions since most likely they will turn futile, while those than won't will be correct just like a broken clock is right twice a day

It is still too soon for Trump to have significant interference in the market. But I think his decisions will be directed primarily toward the purpose of favoring the dollar, not Bitcoin. The value of Bitcoin, as always, will be a result of supply and demand, so it will depend on users, new investors and the network effect.

He may "favor" the dollar in different ways and poses

And what he is talking about right now looks more like a sadistic approach, and somehow you shouldn't be surprised. So this favoring may cause the dollar to be consistently losing its value if it gets ridden to death, metaphorically speaking. In this manner, even if Trump doesn't favor Bitcoin or even if he doesn't know about it altogether, he may in fact inadvertently make it a good service

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January 23, 2017, 06:19:29 PM
 #66

Bitcoin has really started this year off wild!
I was reading that it might hit $2000 by end of year, because of Trump’s ‘spending binge’ and dollar rally.

What do you guys think?

Trump is expected that he would show interest in Bitcoin.It is said that he has appointed a bitcoin supporter in his cabinet.But bitcoin progress is not dependant on trump. It is a universal currency now and i think no one could bring any impact on bitcoin.
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January 23, 2017, 06:29:31 PM
 #67

I can´t really see bitcoin breaking the $2000 barrier, not in the short term. First theres some things we have to solve, like the blocks sizes and time per block.

I can't see it either. It hasn't even topped the 2013 high, which is a bad sign.

 
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January 23, 2017, 06:29:50 PM
 #68

I can´t really see bitcoin breaking the $2000 barrier, not in the short term. First theres some things we have to solve, like the blocks sizes and time per block.

We're struggling with trying to break the $1000 barrier, let alone trying to get above $900. I think we saw a rise to $940 a couple days ago but promptly went back to $900. Especially with the PBOC now cracking down on the Chinese exchanges, I think it'll take some serious news for the price to break barries now.

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January 23, 2017, 06:32:14 PM
 #69

Trump is expected that he would show interest in Bitcoin.It is said that he has appointed a bitcoin supporter in his cabinet.But bitcoin progress is not dependant on trump. It is a universal currency now and i think no one could bring any impact on bitcoin.
It is expected of him? No, no, no. It is far fetched assumption Trump won't say anything about bitcoin and definitely won't promote BTC as better currency than dollar is.
Admitting that bitcoin is good would mean that Trump failed to assure dollar's dominance.

So far known supporters of BTC working for Trump are Mick Mulvaney congressional representative from South Carolina and Peter Thiel, an investor in Bitpay who is now his adviser.
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January 23, 2017, 07:14:20 PM
 #70

I can´t really see bitcoin breaking the $2000 barrier, not in the short term. First theres some things we have to solve, like the blocks sizes and time per block.

We're struggling with trying to break the $1000 barrier, let alone trying to get above $900. I think we saw a rise to $940 a couple days ago but promptly went back to $900. Especially with the PBOC now cracking down on the Chinese exchanges, I think it'll take some serious news for the price to break barries now.
I guess there would be no significant impacts from China as they got regulated heavily.
Right now bitcoin is getting appreciations with its real potential because prices are seeming so stable and moving up the very slowly. The rising demand from all over the world and Trump's new policy of "power back to people" may bring bitcoin above $2000 levels also.

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January 23, 2017, 07:28:07 PM
 #71

I can´t really see bitcoin breaking the $2000 barrier, not in the short term. First theres some things we have to solve, like the blocks sizes and time per block.

We're struggling with trying to break the $1000 barrier, let alone trying to get above $900. I think we saw a rise to $940 a couple days ago but promptly went back to $900. Especially with the PBOC now cracking down on the Chinese exchanges, I think it'll take some serious news for the price to break barries now.
I guess there would be no significant impacts from China as they got regulated heavily.
Right now bitcoin is getting appreciations with its real potential because prices are seeming so stable and moving up the very slowly. The rising demand from all over the world and Trump's new policy of "power back to people" may bring bitcoin above $2000 levels also.

That remains to be seen

I would be very cautious about the way things are going to unfold in the future, especially regarding China. Just like with the recent Bitcoin price rally, I asked people to wait for at least a couple of weeks before drawing any conclusions in respect to future price behavior and how organic was Bitcoin's growth. Here we encounter basically the same situation, and we should just wait a month or two to actually see how all this plays out in the end. We should hope for the better but still remain realists at that

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January 23, 2017, 08:05:09 PM
 #72

People, stop to write crap about Trump and his effect on bitcoin. We already saw that he has nothing with bitcoin, maybe he is one of investors, but it's still not proved. Only we are, bitcoin holders affect on the price for bitcoin, by our selling-buying-keeping.
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January 23, 2017, 09:38:41 PM
 #73

People, stop to write crap about Trump and his effect on bitcoin.

Yup making America great = making the dollar great. He has no interest in anything that undermines the almight dollar. He is a 70-year old who is old school in his thinking. He doesn't do tech, he does real estate and is interested in manufacturing. A million miles away from fintech, which is what bitcoin is.

 
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January 24, 2017, 03:56:40 AM
 #74

It is definitely expected of the Trump administration to be at least more accepting of the cryptocurrencies, even if they will not necessarily embrace them.
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January 24, 2017, 10:09:56 AM
 #75

I think Trump is the effect, the dollar is almost at the bottom levels, the rise of the dollar can pull the price of bitcoin to 930 levels

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January 24, 2017, 10:29:19 AM
 #76

trump is not effect bitcoin price
trump win presiden election dollar incraese bitcoin still incraese

in last waeek in friday, first statement trump in US president, USD is down price, bitcoin not follow down, but bitcoin price incraese


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January 24, 2017, 10:40:23 AM
 #77

If something that's been much used by public gets affected just because of a single person then its a failed system. On this basis bitcoin never had changes based upon Trump, price movements and technology updation happens on the requirement of users. During the past it has overcome several such persons and keep continuing to grow with potential.

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January 24, 2017, 03:13:31 PM
 #78

well its not because trump thats why bitcoin will pump the reason behind bitcoin pumping was the big whales whos stucking their bitcoin and that big whales on this economy was the reason also why bitcoin is being dump. in short big whales was very important in bitcoin because they're the reason why bitcoin price is increasing and ofcourse bitcoin gambling site has a lot of contribution in bitcoin price even us. even if we invest on bitcoin very low.
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January 24, 2017, 03:31:48 PM
 #79

I think Trump is the effect, the dollar is almost at the bottom levels, the rise of the dollar can pull the price of bitcoin to 930 levels
I agree with you. basically we can not fool ourselves that trump bring various effects that exist in the world today. one of which is the price movement bitcoin. The world market is still waiting for the various decisions to be made by the trump.
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January 24, 2017, 05:58:05 PM
 #80

I think Trump is the effect, the dollar is almost at the bottom levels, the rise of the dollar can pull the price of bitcoin to 930 levels
I agree with you. basically we can not fool ourselves that trump bring various effects that exist in the world today. one of which is the price movement bitcoin. The world market is still waiting for the various decisions to be made by the trump.


He took some decisions yesterday and surprisingly things he was telling in his campaign he will do. I did not believe he is a man of his words. It will be funny year and years to come if he will stick to his pre elections program.
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