Trump is tweeting about Bitcoin O.O thoughts?

[SuperTA]

Don't fall for it

https://bitcointalk.org/index.php?topic=5164459.0

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[Bitcoinqubit]

Trump just tweeted about Bitcoin and his dislike of it. I think it's clear it wasn't him who typed it up, but what do you guys think? Crypto Twitter unite??

Tweet text:
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity. .Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!

https://twitter.com/realDonaldTrump/status/1149472282584072192
https://twitter.com/realDonaldTrump/status/1149472284702208000
https://twitter.com/realDonaldTrump/status/1149472285905940480

**

simple question  but the reality almost no body can give normal answer as some of them'' even ask why he tweet this hhhhhhhhhhhhhhhhhhhh

its like to ask why taxi hate uber hhhhhhh

its put out of the chain' the governments,   who behind usd ? politicians the same with euro and other out there,

and people here ask why trump not support bitcoin, its like to ask why taxis hate uber...

[Johnzky]

Seems like trump is trending in crypto world now huh?this is what I’ve seen in every area of crypto community now,and this same issues about what he twitted last time

Don't fall for it

https://bitcointalk.org/index.php?topic=5164459.0

Yea I have  read your thread and it’s really convincing lol

Overall it's free advertisment for bitcoin. More people now will research for it. It didn't affect that much to people as bitcoin's price still holds above $11k usd. Maybe US government see now bitcoin as a threat so they are trying to eliminate it by spreading those fuds.

That’s what the quoted one says in his thread and this will only give more publicity to our crypto family

[pawanjain]

Trump's tweets has not created a FUD but has increased BTC's price by a little. The news are calling it as the Trump Pump.

https://cointelegraph.com/news/trump-pump-bitcoin-price-buoyant-after-us-president-says-hes-not-a-fan

Also, I would like to say that predictions are not to be taken seriously. Predictions in crypto are just like guessing numbers.
The one who guesses it right is then praised by thousands.

[jchi2210]

Trump's tweets has not created a FUD but has increased BTC's price by a little. The news are calling it as the Trump Pump.

https://cointelegraph.com/news/trump-pump-bitcoin-price-buoyant-after-us-president-says-hes-not-a-fan

Also, I would like to say that predictions are not to be taken seriously. Predictions in crypto are just like guessing numbers.
The one who guesses it right is then praised by thousands.

I'm not entirely sure him tweeting about it raised the price. BTC has been trading in the same channel since April. As long as we hold above 10.2kish  then it stays inside that channel.  Sure he just introduced the word Bitcoin to 60 million people, but he also likely convinced half of his base that it is for criminals and the dark web. Bitcoin is going to have to get out of that category and that tweet isn't helping any. Normally I'd shrug it off and say "any press is good press" but that honestly isn't true, if bad press attracts new people then those aren't the people you want.

[bitbunnny]

So many threads about Bitcoin and Donald Trump appeared. I don't know why people pay so much attention to that, his statements about Bitcoin are not relevant. Besides he changes his attitude so often that is actually very hard to tell what he thinks.
And it's necessary to make a difference between his attitude and official opinion of US administration about cryptocurrencies because this is not the same thing.

[philipma1957]

As usual, Trump is again clueless as to what his mouth is spewing. Not real money? Well, how about a paper bill whose value is just assigned by a few people inside the central banks? And for his information, the largest drug trades and other illegal activities in the whole wide world are not using crypto for sure. They are using the very same currency which is proud to be regulated.

This is close enough to get some merits.

USA
China
England
Fancy
Russia

they back their money with guns and weapons .

Their money can and has and will be used for criminal activity .

Facebook and every pos coin in reality is acting like a bank and they have no real backing and should be 100% governed like banks are.  Since nothing backs the pos coin.

POW coins such as bitcoin are backed by gear burning power.

They all have real value that can be measured.  BTC has the most hash and most gear mining it.

That value is real and  tangible .  Anyone that fails to understand it or says they don't understand it fails to see what POW's best service is:  That is leveling off and helping all the world's power plants have no excess power that is wasted.

I consulted on a 100megawatt build the farm had deals with 5 power plants.  20-100 megawatt float at 4 cents a watt.  On a hot summer day they used 20 megawatts. On days with lots of rain and the hydroplanes have excess power they scaled up to 100 megawatts.  So the power plants never had to shunt excess power into waste product when river flow was high and demand was low.

This is real true value world wide.  Much like a hammer has real value to attach wood with nails.

Both a hammer and mining gear can be used to do  good or bad.
Both fiat/money and BTC  can or good or bad.

 Trumps and all world-wide governments realize pos coins are a real threat to banking and eventually will force every pos coin to turn into a bank-like company or die.

And pow coins are recognized for what they are: a tool to balance supply and demand for power  from power plants.

Yeah both can move money around just like a bank can.

BUT only pow coins have an industrial value while POS coins simply are wanna be banks riding the pow's real work ethics of iron , steel and power.

[adzino]

Trump just tweeted about Bitcoin and his dislike of it. I think it's clear it wasn't him who typed it up, but what do you guys think? Crypto Twitter unite??

Tweet text:
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity. .Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!

https://twitter.com/realDonaldTrump/status/1149472282584072192
https://twitter.com/realDonaldTrump/status/1149472284702208000
https://twitter.com/realDonaldTrump/status/1149472285905940480

I am not at all surprised by those tweets made by trump. Of course he is not going to like bitcoin or other crypto currencies. The  funny part is were he emphasizes that the only real currency is the  fiat USD and is very strong.
All these tweets made by Trump is actually going to temporarily affect the price of bittcoin and other crypto currencies.

[RodeoX]

If you base your finances on what a complete moron like Trump thinks, then you might as well just burn all your money in a pile. 

[minhlee95]

Donald Trump is first and foremost a businessman. I am sure that he has been earning on cryptocurrency for a long time. Just using workforce, hiring understand this people. And what he writes there in his Twitter, only HYIP, no more.

[RodeoX]

Donald Trump is first and foremost a businessman. I am sure that he has been earning on cryptocurrency for a long time. Just using workforce, hiring understand this people. And what he writes there in his Twitter, only HYIP, no more.

No. Trump is first and foremost a fucking brain dead moron. Then a child, then a lecher, then a coward, liar, etc. But a businessman? Give me a break, anyone can lose hundreds of millions of daddy's dollars without business knowledge. Donny could not figure out monopoly money if he had a tutor, much less understand crypto.

[deadsilent]

I thought Donald Trump only slammed Facebook's Libra. I never saw that coming. Interesting but I'm not really taking it very serious as I assumed it to be his fake account. But i think many people are gonna bite this FUD. It's like McAfee s**t. And if it's true, what do we expect? BITCOIN is a threat to government. It threatens their control over their people. Government want centralized and Bitcoin want decentralization. So expect the hate coming from them.

[Becky666]

If you base your finances on what a complete moron like Trump thinks, then you might as well just burn all your money in a pile. 

He speak without thinking and I wonder if he understand the financial language or term when we say cryptocurrency is backed by so and so, if Bitcoin is just in tin air backed by nothing, then, what about the dollar? What actually backed the US Dollar? He's just another jerky behind the mirror.

[Youghoor]

Well, I never expected Trump to like or even say anything nice about Bitcoin. Such people do not understand the ideology of modern technologies and to think of even saying anything positive about it. He only understand the old fashion way of investing and making transaction rather than a decentralized method. Ignorance also makes people to say things they don't understand its true purpose.

[RodeoX]

If you base your finances on what a complete moron like Trump thinks, then you might as well just burn all your money in a pile.  

He speak without thinking and I wonder if he understand the financial language or term when we say cryptocurrency is backed by so and so, if Bitcoin is just in tin air backed by nothing, then, what about the dollar? What actually backed the US Dollar? He's just another jerky behind the mirror.

See you have a complete brain, with a frontal lobe and everything. He has a brain stem, so all he can do is repeat a sound he heard or follow a glittery object with his eyes.
   

[Becky666]

If you base your finances on what a complete moron like Trump thinks, then you might as well just burn all your money in a pile.  

He speak without thinking and I wonder if he understand the financial language or term when we say cryptocurrency is backed by so and so, if Bitcoin is just in tin air backed by nothing, then, what about the dollar? What actually backed the US Dollar? He's just another jerky behind the mirror.

See you have a complete brain, with a frontal lobe and everything. He has a brain stem, so all he can do is repeat a sound he heard or follow a glittery object with his eyes.
   

He actually does based on his replies to his government opposition and now, he has extended the same to cryptocurrency industry, his thought seem retarded and need a psychiatrist with immediate effect.

[dothebeats]

Just another day at the office for Mr. Trump. He always bashes things he doesn't completely understand. He's not even a fan of scientific discoveries and breakthroughs! I mean, the dude basically just want to devolve from being a complete human into something else, definitely a lower classification than what he already is. Just a couple of months ago, he expressed his neutral side on bitcoin and cryptocurrencies, up to a point that it seemed that he liked the idea of it and now this. The dude is a complete joke and I just hope that his administration knows better, and the people who will vote for him in the next election, too.

[Btczhageh]

The dollar is centralized unlike the cryptocurrency, so we should expect such from Trump because the control power has been taken from the US dollar and from the US GOVERNMENT. Hope he realize the true power of democracy, which Bitcoin has taught us as a decentralized payment method.

[veleten]

whatever his stance towards bitcoin , seems like he is sceptical about it ( no wonder )
he is doing a great service to bitcoin by putting it on the map in his tweets for those who never heard about it
its advertisement on a presidential level and its effects can't be underestimated
won't be surprised if the price grows because of it as well

[minersday]

Trump just tweeted about Bitcoin and his dislike of it. I think it's clear it wasn't him who typed it up, but what do you guys think? Crypto Twitter unite??

Tweet text:
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity. .Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!

https://twitter.com/realDonaldTrump/status/1149472282584072192
https://twitter.com/realDonaldTrump/status/1149472284702208000
https://twitter.com/realDonaldTrump/status/1149472285905940480

Only short minded people think this way about Bitcoin and cryptocurrency. Its high time people in the crypto space to avoid encouraging ill things crypto haters say about cryptocurrencies. These people don't know anything about the purpose of cryptocurrency.