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Author Topic: Will Bitcoin break $2000? because of Trump?  (Read 5787 times)
traderethereum
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January 27, 2017, 04:27:36 AM
 #101

i am not sure if bitcoin will break $2000 because of trump because bitcoin is related with more factor than just trump as president of united states. but trump could be a trigger for bitcoin to get increase if trump make approval for bitcoin to legal commodity so people in the united states will use bitcoin too and many of them will use bitcoin.

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January 27, 2017, 05:36:44 AM
 #102

$20,000 for the DOW today, why not $2,000 for Bitcoin?!

http://finance.yahoo.com/news/dow-track-hit-20-000-140511833.html;_ylt=AwrBT0fC2opYZjAA.XFXNyoA;_ylu=X3oDMTEyNDQ0M3FuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDQjMwMTBfMQRzZWMDc3I-

To truly understand if hitting $2,000 is possible is to understand the fundamentals of economics, supply and demand. Those two forces are best (and most reliable) reasons to explain all Bitcoin price moves. SO we must ask...

Is supply of bitcoin going to increase? Yes, but not at the same rate as it has over the past 8 years (due to the halving and all).

Is demand of bitcoin going to increase? We all hope so! If demand can increase, the price will go with it.

The best question for you to ask is how can you advance interest (therefore demand) in bitcoin within your circle of friends, family, and community?
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January 27, 2017, 06:16:06 AM
 #103

$20,000 for the DOW today, why not $2,000 for Bitcoin?!

http://finance.yahoo.com/news/dow-track-hit-20-000-140511833.html;_ylt=AwrBT0fC2opYZjAA.XFXNyoA;_ylu=X3oDMTEyNDQ0M3FuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDQjMwMTBfMQRzZWMDc3I-

To truly understand if hitting $2,000 is possible is to understand the fundamentals of economics, supply and demand. Those two forces are best (and most reliable) reasons to explain all Bitcoin price moves. SO we must ask...

Is supply of bitcoin going to increase? Yes, but not at the same rate as it has over the past 8 years (due to the halving and all).

Is demand of bitcoin going to increase? We all hope so! If demand can increase, the price will go with it.

The best question for you to ask is how can you advance interest (therefore demand) in bitcoin within your circle of friends, family, and community?

There is no doubt that bitcoin price will increase eventually but the question is when?  As for the supply and demand, it is to be observed when we are analyzing price range during the scope of time.  But have we ever think of the factors that will affect this demand?  Probably most of us (noob in economy) does not but indeed we need to know this factors.  To be able to know the trend of demand will give us an advantage over any stocks price trend.  And there is no other way that i can primary point that will increase the demand of certain stocks, especially bitcoin is the finance authority stance on  bitcoin.  One sample, PBOC, if PBOC declares a PRO bitcoin sentiment, then probably price of Bitcoin will not go down and  will not trigger panic sell, instead panic buy will take place.
Now even if we convince our friends, family, neighborhood, about bitcoin if the government or finance authority declares otherwise, what do you think their action will be?



I do not think Trump  push Bitcoin to $2000.  He has his own agenda and I do not think supporting or promoting bitcoin is one of it.  Though I wanted to be wrong in my opinion. Smiley

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January 27, 2017, 07:03:36 AM
 #104

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?

i don't think that trump will involed his self with bitcoin first thing is trump already did about the price of us dollars world wide and still continue a good project but if bitcoin will be more that popular maybe trump will see what really bitcoin wait to the near future/
people keep making speculation even before trump officially became US president. a lot of people actually have predicted that the bitcoin price will go triple in 2017.
they say it when the price around $500 and bitcoin price have hit $1,100+ make it double done , next achievement triple and then quadruple $2,000.
especially when trump pick a pro-bitcoin congressman, speculation gone wild lately.
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January 27, 2017, 07:14:47 AM
 #105

$20,000 for the DOW today, why not $2,000 for Bitcoin?!

http://finance.yahoo.com/news/dow-track-hit-20-000-140511833.html;_ylt=AwrBT0fC2opYZjAA.XFXNyoA;_ylu=X3oDMTEyNDQ0M3FuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDQjMwMTBfMQRzZWMDc3I-

To truly understand if hitting $2,000 is possible is to understand the fundamentals of economics, supply and demand. Those two forces are best (and most reliable) reasons to explain all Bitcoin price moves. SO we must ask...

Is supply of bitcoin going to increase? Yes, but not at the same rate as it has over the past 8 years (due to the halving and all).

Is demand of bitcoin going to increase? We all hope so! If demand can increase, the price will go with it.

The best question for you to ask is how can you advance interest (therefore demand) in bitcoin within your circle of friends, family, and community?

There is no doubt that bitcoin price will increase eventually but the question is when?  As for the supply and demand, it is to be observed when we are analyzing price range during the scope of time.  But have we ever think of the factors that will affect this demand?  Probably most of us (noob in economy) does not but indeed we need to know this factors.  To be able to know the trend of demand will give us an advantage over any stocks price trend

Things are far from being that straightforward, really

Bitcoin is highly prone to manipulation primarily due to its relatively tiny market cap and even more so thanks to the low number of coins being actually traded (in this way, the market cap itself is misleading). It may look as though we have advantage before stocks in that we could determine demand and thus price of Bitcoin, but it won't work. And if we are to rely on these calculations we will only be losing in the market if we are going to trade for real. How come? Because as I said market manipulation would render such and similar assumptions not only useless but it fact utterly detrimental to your trading profitability. There is a rule for this approach, it's called KISS

BillyBobZorton
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January 27, 2017, 01:01:40 PM
 #106

$20,000 for the DOW today, why not $2,000 for Bitcoin?!

http://finance.yahoo.com/news/dow-track-hit-20-000-140511833.html;_ylt=AwrBT0fC2opYZjAA.XFXNyoA;_ylu=X3oDMTEyNDQ0M3FuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDQjMwMTBfMQRzZWMDc3I-

To truly understand if hitting $2,000 is possible is to understand the fundamentals of economics, supply and demand. Those two forces are best (and most reliable) reasons to explain all Bitcoin price moves. SO we must ask...

Is supply of bitcoin going to increase? Yes, but not at the same rate as it has over the past 8 years (due to the halving and all).

Is demand of bitcoin going to increase? We all hope so! If demand can increase, the price will go with it.

The best question for you to ask is how can you advance interest (therefore demand) in bitcoin within your circle of friends, family, and community?

$2,000 per BTC will come probably when the $20,000 Dow Jones correction happens. This will be a short lived all time high. Sooner or later it's going to crash, and when it does, it will be time for bitcoin to shine.
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January 27, 2017, 01:27:08 PM
 #107

I have not read anything about Trump opinion on bitcoin and what his attitude toward on cryptocurrency. of course it is not only speculation
although I think no matter how is Trump eccentric, US Economy and Politics does not one man

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CyberKuro
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January 27, 2017, 04:38:48 PM
 #108

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?

Bitcoin obviously will reach $2000 and maybe in the end of the year but not because Trump, I don't see any good planning to affect bitcoin yet, except he invest million USD into bitcoin and encourage investors to do the same thing which unlikely won't happen in the nearly future. The most important to pump bitcoin price is the usability to spend it directly to supermarket/groceries in daily transaction.
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April 11, 2017, 04:04:22 PM
 #109

There is no role of trump in bitcoin .bitcoin will continue to rise and i guess the price of bitcoins would be more than 2500$ in the year 2018 in the beginning .hope segwit does not play role in slowing down ths growth of bitcoins
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April 11, 2017, 05:30:35 PM
 #110

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?


Well f trump decides to put some money into bitcoin that can surely make bitcoin price jump. 

I dont know if he will though. He's kind of invested in the old financial world.
richardsNY
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April 11, 2017, 06:49:52 PM
 #111

Well f trump decides to put some money into bitcoin that can surely make bitcoin price jump.  

I dont know if he will though. He's kind of invested in the old financial world.

He's obviously not going to announce himself going to buy coins beforehand. If he ever plans to buy Bitcoin, then it will happen silently, which after that he could start showing some Bitcoin friendliness. But I highly doubt that he will do such a thing now he is the president of the United States. Bias is something he can't be associated with at his current position.
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April 11, 2017, 06:57:04 PM
 #112

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?


yes, it can completely happen at the end of this year if the world War III starts. I'm doubted on this guess but I still buy more bitcoins for saving .
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April 11, 2017, 07:07:51 PM
 #113

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?


yes, it can completely happen at the end of this year if the world War III starts. I'm doubted on this guess but I still buy more bitcoins for saving .

If ww III starts bitcoin will be worth $0, and not $2000. Btc is for international payment and store of value. It will be worthless simply because internet will crash because of attacks and bombs on energy stations, elektricity will go off lots of time which will make any digital payment useless. No mate, BTC will reach highs in an economic crisis. In a ww we will get rekt harder and lose more money than everyone else.
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April 11, 2017, 07:39:04 PM
 #114

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?


yes, it can completely happen at the end of this year if the world War III starts. I'm doubted on this guess but I still buy more bitcoins for saving .

If ww III starts bitcoin will be worth $0, and not $2000. Btc is for international payment and store of value. It will be worthless simply because internet will crash because of attacks and bombs on energy stations, elektricity will go off lots of time which will make any digital payment useless. No mate, BTC will reach highs in an economic crisis. In a ww we will get rekt harder and lose more money than everyone else

I guess all fiat monies will not be worth a dime in case of an all-out war

And still more so if it ends with complete destruction, devastation and misery throughout the world. Canned meat and ammo will quickly become money then and ammo factories a Central bank. Gold will likely preserve some value but it will be soon taken from ordinary people and hoarded by the leaders of big gangs, so simple folks will likely use AK-47 rounds as cash until the world sinks into total chaos and anarchy (after a few dozen years of power vacuum as well as economic and technological decadence)

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April 12, 2017, 01:13:05 AM
 #115

I guess all fiat monies will not be worth a dime in case of an all-out war

And still more so if it ends with complete destruction, devastation and misery throughout the world. Canned meat and ammo will quickly become money then and ammo factories a Central bank. Gold will likely preserve some value but it will be soon taken from ordinary people and hoarded by the leaders of big gangs, so simple folks will likely use AK-47 rounds as cash until the world sinks into total chaos and anarchy (after a few dozen years of power vacuum as well as economic and technological decadence)
I agree with you but in case if an all out war will break out, it is better that we always get stocks of canned meat and ammo just to be sure we won't be sorry when that happens and of course so that we have money. Besides ammos, I think there would be a lot of stealing that will happen during it making the world sink more into chaos and population being halved by just a year or two maybe less than that let's just hope we are one of those survivors by that time.
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April 12, 2017, 01:26:47 AM
 #116

With the positive movement of bitcoin's price, many believe that the price can get up to $2,000 and I do think it will happen to.

We've through in down and right now the opposite reaction of it is, up. After every discussion about bitcoin's issue and solution.

Once there would be a good implementation we will see the price to fly up to $2k and that's not because of Trump.

It's because of those people that wants to make this coin, to be the best that will attract a lot of investors and new comers.

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April 12, 2017, 01:04:50 PM
 #117

I don't think Trump can influence the price of bitc anymore, especially after what he did in Syria. Maybe he use btc, but am not use that people will start using bcs he did it. That maybe happened if he didn't do anything about Syria. But I really don't know how can effect the price of btc. I hope it will be for the best.
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April 12, 2017, 01:31:56 PM
 #118

i am not sure if bitcoin will break $2000 because of trump because bitcoin is related with more factor than just trump as president of united states. but trump could be a trigger for bitcoin to get increase if trump make approval for bitcoin to legal commodity so people in the united states will use bitcoin too and many of them will use bitcoin.
Im one hundred percent sure, that bitcoin regulation is not even in the list of the priorities of Trump.

For today, the only way how could Trump help would be weakening the dollar a little bit, bitcoin/usd rate would be higher obviously, but that would not be enough.

To see $2000 level broken exactly because of Trump and his politics, the US government would have to adopt bitcoin and make up the law that is not against cryptocurrencies, but it helps them instead.

Every prediction that touches the subjects of both Trump and Bitcoin is a little bit senseless for me, he is such an unpredictable president that all of it seems to me like a dreams or nightmares about future.
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April 13, 2017, 06:59:30 PM
 #119

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?

Bitcoin could reach that amount by its own merits it does not need anything or anyone to reach that level, I do not know if its going to happen this year but there is no doubt at some point bitcoin will be worth 2000 dollars.
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April 13, 2017, 10:43:38 PM
 #120

One thing is certain, $2000 will break not because of trump but because of different country recognizing Bitcoin as either store of value or payment method.  This recognition will bring in millions of new investors to Bitcoin economy thus creating demand and eventually pushing Bitcoin price higher.

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