Bitcoin Forum
September 19, 2018, 02:28:10 AM *
News: ♦♦ Bitcoin Core users must update to 0.16.3 [Torrent]. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Trade wars to bring Bitcoin to 100k  (Read 181 times)
Wind_FURY
Hero Member
*****
Offline Offline

Activity: 854
Merit: 657


Crypto-Games.net: Multiple coins, multiple games


View Profile
March 26, 2018, 05:52:42 AM
 #21

OP, can you be specific in what you call "trade wars"? Please cite which economic policies made by the Trump administration will affect Bitcoin and then we can connect the dots and start a proper discussion.

He's talking about Trump's new tariffs on steel and aluminum. In fact, Trump himself said "Trade wars are good, and easy to win" when he announced them.

For now it's just posturing, but China's response sparked fears of an incoming trade war:
Quote
Beijing signalled its readiness to go toe-to-toe with US President Donald Trump's campaign of tariffs against China on Friday, proposing new levies on 128 American imports that heightened market fears of a looming trade war between the world's largest economies.

Gold has already been hammering resistance in the $1,300s for some time, coiling for a move upwards. This might be a good catalyst:




Thanks.

But in a way, would you blame Trump on what he's trying to do? I believe he wants to build "US Steel" back to its former glory. There is nothing wrong about that.

Let's see if China can raise the tariffs on American products that they have grown to love. Hahaha.

Quote
I'm skeptical that Bitcoin will see the same sort of demand since it's not an established hedge. But I won't complain if the OP is right.

The time for it to become an "established hedge" is now.  Cool




▄▄▄████████▄▄▄
▄██████████████████▄
▄██████████████████████▄
██████████████████████████
████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
████████████████████████████
██████████████████████████
▀██████████████████████▀
▀██████████████████▀
▀▀▀████████▀▀▀
   ███████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
███████
BTC  ◉PLAY  ◉XMR  ◉DOGE  ◉BCH  ◉STRAT  ◉ETH  ◉GAS  ◉LTC  ◉DASH  ◉PPC
     ▄▄██████████████▄▄
  ▄██████████████████████▄        █████
▄██████████████████████████▄      █████
████ ▄▄▄▄▄ ▄▄▄▄▄▄ ▄▄▄▄▄ ████     ▄██▀
████ █████ ██████ █████ ████    ▄██▀
████ █████ ██████ █████ ████    ██▀
████ █████ ██████ █████ ████    ██
████ ▀▀▀▀▀ ▀▀▀▀▀▀ ▀▀▀▀▀ ████ ▄██████▄
████████████████████████████ ████████
███████▀            ▀███████ ▀██████▀
█████▀                ▀█████
▀██████████████████████████▀
  ▀▀████████████████████▀▀ 
✔️DICE           
✔️BLACKJACK
✔️PLINKO
✔️VIDEO POKER
✔️ROULETTE     
✔️LOTTO
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537324090
Hero Member
*
Offline Offline

Posts: 1537324090

View Profile Personal Message (Offline)

Ignore
1537324090
Reply with quote  #2

1537324090
Report to moderator
1537324090
Hero Member
*
Offline Offline

Posts: 1537324090

View Profile Personal Message (Offline)

Ignore
1537324090
Reply with quote  #2

1537324090
Report to moderator
1537324090
Hero Member
*
Offline Offline

Posts: 1537324090

View Profile Personal Message (Offline)

Ignore
1537324090
Reply with quote  #2

1537324090
Report to moderator
EdenHazard
Legendary
*
Offline Offline

Activity: 1190
Merit: 1001


View Profile
March 26, 2018, 06:09:20 AM
 #22

OP, can you be specific in what you call "trade wars"? Please cite which economic policies made by the Trump administration will affect Bitcoin and then we can connect the dots and start a proper discussion.

He's talking about Trump's new tariffs on steel and aluminum. In fact, Trump himself said "Trade wars are good, and easy to win" when he announced them.

For now it's just posturing, but China's response sparked fears of an incoming trade war:
Quote
Beijing signalled its readiness to go toe-to-toe with US President Donald Trump's campaign of tariffs against China on Friday, proposing new levies on 128 American imports that heightened market fears of a looming trade war between the world's largest economies.

Gold has already been hammering resistance in the $1,300s for some time, coiling for a move upwards. This might be a good catalyst:




Thanks.

But in a way, would you blame Trump on what he's trying to do? I believe he wants to build "US Steel" back to its former glory. There is nothing wrong about that.

Let's see if China can raise the tariffs on American products that they have grown to love. Hahaha.

Quote
I'm skeptical that Bitcoin will see the same sort of demand since it's not an established hedge. But I won't complain if the OP is right.

The time for it to become an "established hedge" is now.  Cool



the problem here about trump act extremely, not only this one but for every single policy he made impact an instability for this peaceful world , he don't want go for diplomatic way to solve this trade problem , he does have a point but the way he deal with anything always controversial.

we don't know really if this world economic situation could affected to bitcoin , it maybe making the world in crisis.

DAEX THE CLEARING SOLUTION FOR CENTRALIZED
CRYPTOCURRENCY TRADING EXCHANGES
|ANN
WHITEPAPER
BOUNTY
TELEGRAM
TWITTER
FACEBOOK
|DAEX PUBLIC SALE STARTS
September 9 JOIN NOW!
blockman
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500


★Nitrogensports.eu★


View Profile
March 26, 2018, 06:15:09 AM
 #23

I like this by just watching what's happening in the market, holding would be the best thing to do. And with Trumps move there's a clearer side that he wants to declare what he wants to happen with the economy.

He's talking about Trump's new tariffs on steel and aluminum. In fact, Trump himself said "Trade wars are good, and easy to win" when he announced them.
Trumps businessman's blood was never removed even after becoming the US president.

we don't know really if this world economic situation could affected to bitcoin , it maybe making the world in crisis.
It can.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
mindrust
Legendary
*
Offline Offline

Activity: 1190
Merit: 1157



View Profile WWW
March 26, 2018, 06:20:26 AM
 #24

We are not going to see $100k before we hit the bottom first. Most of the $15k+ buyers are still holding their coins. First there needs to be some mega negative news so they can puke their coins or we need to go sideways for so long so  they'll lose hope and dump their stash. Just like after Gox, but on a bigger scale. Big investors want to get in as cheap as possible. Not from the ATH prices.


▄▄▄▄▄▄▄▄
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
▀▀▀▀▀▀▀▀
          ▄▄▄▄       
     ▄▄█▀▀▀▄▄▀▀▀█▄▄   
   ▄█▀▄▄████████▄▄▀█▄
 ▄█▀▄██████████████▄▀█▄
▐█ ██████████████████ █▌
█▌▐██████████████████▌▐█
█▌▐██████████████████▌▐█
▐█ ██████████████████ █▌
 ▀█▄▀██████████████▀▄█▀
   ▀█▄▀▀████████▀▀▄█▀   
     ▀▀█▄▄▄▀▀▄▄▄█▀▀     
          ▀▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███
██▌                 ▐██
██▌                 ▐██
██▌                 ▐██
██▌                 ▐██
██▌                 ▐██
▐██                 ██▌
 ███▄             ▄███
  ▀███▄         ▄███▀ 
    ▀▀███▄▄▄▄▄███▀▀   
        ▀▀▀▀▀▀▀       
 
██ ████  ██████  ██████ ███ ████ ██████████████████████

..WHITEPAPER..





             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀





▄█████████████████████████▄
███████████████████████████
███████████████▀       ████
██████████████      ▄▄▄████
██████████████    ▐████████
██████████████    ▐████████
██████████            ▐████
██████████            █████
██████████████    ▐████████
██████████████    ▐████████
██████████████    ▐████████
▀█████████████    ▐███████▀





                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
DerekVazz
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
March 26, 2018, 08:32:02 AM
 #25

We are not going to see $100k before we hit the bottom first. Most of the $15k+ buyers are still holding their coins. First there needs to be some mega negative news to they can puke their coins or we need to go sideways for so long so  they'll lose hope and dump their stash. Just like after Gox, but on a bigger scale. Big investors want to get in as cheap as possible. Not from the ATH prices.



Mega negative news that we'll see soon: USDT will turn into horse crap  Cheesy
ajdaj
Full Member
***
Offline Offline

Activity: 322
Merit: 100



View Profile
March 26, 2018, 06:07:09 PM
 #26

We are not going to see $100k before we hit the bottom first. Most of the $15k+ buyers are still holding their coins. First there needs to be some mega negative news so they can puke their coins or we need to go sideways for so long so  they'll lose hope and dump their stash. Just like after Gox, but on a bigger scale. Big investors want to get in as cheap as possible. Not from the ATH prices.


It seems to me that while the continuation will exceed the demand for bitcoins on the market, we do not know of any growth in the price of a coin. Although I have such a suspicion that Gox made this situation on the market artificially and intentionally, and not simply because it was repayable with debts.

exstasie
Hero Member
*****
Offline Offline

Activity: 938
Merit: 541


View Profile
March 28, 2018, 06:56:08 AM
 #27

OP, can you be specific in what you call "trade wars"? Please cite which economic policies made by the Trump administration will affect Bitcoin and then we can connect the dots and start a proper discussion.

He's talking about Trump's new tariffs on steel and aluminum. In fact, Trump himself said "Trade wars are good, and easy to win" when he announced them.

For now it's just posturing, but China's response sparked fears of an incoming trade war:
Quote
Beijing signalled its readiness to go toe-to-toe with US President Donald Trump's campaign of tariffs against China on Friday, proposing new levies on 128 American imports that heightened market fears of a looming trade war between the world's largest economies.

Thanks.

But in a way, would you blame Trump on what he's trying to do? I believe he wants to build "US Steel" back to its former glory. There is nothing wrong about that.

He's just posturing himself. He's an outsider surrounded by vultures and he's desperate to reestablish his political base. Protectionist rhetoric always worked well for him because the economy is shite. Not because it will work.

It might be a near-term credit positive for domestic steel producers but it will hurt the many domestic industries that depend on steel (and aluminum) imports. That drives costs up for everyone from auto and boat makers to soup can manufacturers. It forces production costs up and holds American consumers hostage as other countries retaliate with tariffs and trade restrictions of their own.

Quote
I'm skeptical that Bitcoin will see the same sort of demand since it's not an established hedge. But I won't complain if the OP is right.
The time for it to become an "established hedge" is now.  Cool

I don't think so. Bitcoin is still beta; experimental. A real liquidity crisis and loss of confidence in the equity markets would probably be very bad news. An end to easy credit and easy money in the markets, and the money flows into highly speculative assets like Bitcoin? I doubt it.

btcone111
Full Member
***
Offline Offline

Activity: 266
Merit: 110


View Profile
March 28, 2018, 10:17:20 AM
 #28

No I don't think so.
trade wars will bring stock market down and bitcoin was already shown to be positively correlated with stock market.
So if stock market goes down a lot more, bitcoin will also go down a lot more.
Suslura
Member
**
Offline Offline

Activity: 238
Merit: 10

Alfa-Enzo: Introducing the First Global Smartmarke


View Profile
March 28, 2018, 05:03:00 PM
 #29

No I don't think so.
trade wars will bring stock market down and bitcoin was already shown to be positively correlated with stock market.
So if stock market goes down a lot more, bitcoin will also go down a lot more.
popularity on Bitcoin is already understated and the demand in the market is quite low. This all affects the pricing of all the crypto currency very sharply. I do not at all hope that this year 2018 there will be some positive changes.

╭═══════════════════   A L F A ─ E N Z O   ═══════════════════╮
│   \▼/"Develop, standardize, protect, and promote" the AEF Ecosystem\▼/  │
╰════════════ FACEBOOKTWITTERTELEGRAM ══════════════╯
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!